2. Post the following February transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts). A.Provided legal services to customers for cash, 5,600 B. Provided legal services to customers on account, $4,700 C. Collected cash from customers account, $3,500

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.