apter 2 Homework ParrishSheets Chapter 2 Honework Quiz Save

apter 2 Homework Parrish-Sheets Chapter 2 Honework - Quiz Save Question 4 (1 point) For each of the following t-accounts, caiculate the missing amount and enter it in the space provided Assume that the beginning and ending balances are on the normal side of the account, that is, the side on which the balance increases Service Fee Revenue 3/1 Beginning balance 3/6 Transaction A 3/22 Transaction B 6,000 3,000 3,500 10,500 3/28 Transaction C Ending balance Make sure your answer does not include a \"$\" (dollar sign) or \"\" (comma) It should be in the format of a basic number, such as \"55000 abs Question 5 (1 point)

Solution

Calculate Transaction C:

Transaction C = Beginning balance+Transaction A+Transaction B-Ending balance

= 6000+3000+3500-10500

Transaction C = 2000