Exercise 215 Post transactions to Taccounts LO25 Consider th

Exercise 2-15 Post transactions to T-accounts (LO2-5) Consider the recorded transactions below Debit Credit 1. Accounts Receivable Service Revenue 8,700 8,700 2. Supplies 1,650 Accounts Payable 1,650 3. Cash 8,900 Accounts Receivable 8,900 4. Advertising Expense 1,000 Cash 1,000 Accounts Payable 2,400 Cash 2,400 6. Cash 1,100 Deferred Revenue 1,100

Solution

Answer

Cash

Beg Bal

2100

2100

Dr

3

8900

11000

Dr

4

-1000

10000

Dr

5

-2400

7600

Dr

6

1100

8700

Dr

End Bal

8700

Dr

Accounts receivables

Beg Bal

2900

2900

Dr

1

8700

11600

Dr

3

-8900

2700

Dr

End Bal

2700

Dr

Supplies

Beg Bal

270

270

Dr

2

1650

1920

Dr

End Bal

1920

Dr

Accounts Payable

Beg Bal

2200

2200

Cr

2

1650

3850

Cr

5

-2400

1450

Cr

End Bal

1450

Cr

Deferred Revenue

Beg Bal

-170

-170

Cr

6

-1100

-1270

Cr

End Bal

1270

Cr

Service Revenue

Beg Bal

1

-8700

-8700

Cr

End Bal

8700

Cr

Advertising Expense

Beg Bal

4

1000

1000

Dr

End Bal

1000

Dr

Cash
Beg Bal	2100	2100	Dr
3	8900	11000	Dr
4	-1000	10000	Dr
5	-2400	7600	Dr
6	1100	8700	Dr
End Bal	8700	Dr
Accounts receivables
Beg Bal	2900	2900	Dr
1	8700	11600	Dr
3	-8900	2700	Dr
End Bal	2700	Dr
Supplies
Beg Bal	270	270	Dr
2	1650	1920	Dr
End Bal	1920	Dr
Accounts Payable
Beg Bal	2200	2200	Cr
2	1650	3850	Cr
5	-2400	1450	Cr
End Bal	1450	Cr
Deferred Revenue
Beg Bal	-170	-170	Cr
6	-1100	-1270	Cr
End Bal	1270	Cr
Service Revenue
Beg Bal
1	-8700	-8700	Cr
End Bal	8700	Cr
Advertising Expense
Beg Bal
4	1000	1000	Dr
End Bal	1000	Dr