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  3. 1. receive cash from customers, $15,400. 2. pay ca

1. Receive cash from customers, $15,400. 2. Pay cash for employee salaries, $9,400. 3. Pay...

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Accounting

1. Receive cash from customers, $15,400. 2. Pay cash for employee salaries, $9,400. 3. Pay cash for rent, $3,400. 4. Receive cash from sale of equipment, $8,400. 5. Pay cash for utilities, $1,400. 6. Receive cash from a bank loan, $4,400. 7. Pay cash for advertising, $7,400. 8. Purchase supplies on account, $3,400. Required: Post transactions to the Cash T-account and calculate the ending balance. Debit Beginning Balance Ending Balance Cash 9,400 15,400 8,400 4,400 16,000 Credit 9,400 (2) 3,400 (3) 1,400 (5) 7,400 (7)
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1. Receive cash from customers, $15,400. 2. Pay cash for employee salaries, $9,400. 3. Pay cash for rent, $3,400. 4. Receive cash from sale of equipment, $8,400. 5. Pay cash for utilities, $1,400. 6. Receive cash from a bank loan, $4,400. 7. Pay cash for advertising, $7,400. 8. Purchase supplies on account, $3,400. Required: Post transactions to the Cash T-account and calculate the ending balance

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