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  3. consider the following transactions. receive cash

Consider the following transactions. Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000....

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Accounting

Consider the following transactions. Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale of equipment, $8,000. Pay cash for utilities, $1,000. Receive cash from a bank loan, $4,000. Pay cash for advertising, $7,000. Purchase supplies on account, $3,000. Post transactions to the Cash T-account and calculate the ending balance

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