Post the following transactions to T-accounts and determine each account's ending balance. 1. 2. 3. 4. Supplies Accounts Payable Accounts Receivable Service Revenue Cash Accounts Receivable Accounts Payable Cash 3,068 5,074 4.130 1,416 3,068 5,074 4.130 1.416

Post the following transactions to T-accounts and determine each account's ending balance. 1. 2. 3. 4. Supplies Accounts Payable Accounts Receivable Service Revenue Cash Accounts Receivable Accounts Payable Cash 3,068 5,074 4.130 1,416 3,068 5,074 4.130 1.416

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 6Q

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Concept explainers

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.

Question

Please do not give solution in image format thanku

V
V
Cash
Accounts Payable
Accounts Receivable
V
Service Revenue
Supplies

Post the following transactions to T-accounts and determine each account's ending balance.
1.
2.
3.
4.
Supplies
Accounts Payable
Accounts Receivable
Service Revenue
Cash
Accounts Receivable
Accounts Payable
Cash
3,068
5,074
4.130
1,416
3,068
5,074
4.130
1.416

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