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17 February, 19:07

Receive cash from customers, $16,400. Pay cash for employee salaries, $10,400. Pay cash for rent, $4,400. Receive cash from sale of equipment, $9,400. Pay cash for utilities, $2,400. Receive cash from a bank loan, $5,400. Pay cash for advertising, $8,400. Purchase supplies on account, $4,400. Required: Post transactions to the Cash T-account and calculate the ending balance.

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  1. 17 February, 20:26
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    calculate the ending balance.$1200

    Explanation:

    Cash account

    Deb Cre

    Receive cash from customers 16400

    Pay cash for employee salaries 10400

    Pay cash for rent 4400

    Receive cash from sale of equipment 9400

    Pay cash for utilities 2400

    Receive cash from a bank loan 5400

    Pay cash for advertising 8400

    Purchase supplies on account 4400

    31200 30000

    ending balance 1200
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