J1
DateAccount Titles and ExplanationRef. Debit Credit
May 5Accounts Receivable5,900
Service Revenue5,900
(Billed for services performed)
12Cash4,600
Accounts Receivable4,600
(Received cash in payment of account)
15Cash3,200
Service Revenue3,200
(Received cash for services performed)
Post the transactions to T-accounts and determine each account's ending balance. (Post entries in the order presented in the problem
statement)
Cash
Accounts Receivable
Service Revenue