2. Post the following February transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts). A.Provided legal services to customers for cash, 5,600 B. Provided legal services to customers on account, $4,700 C. Collected cash from customers account, $3,500
2. Post the following February transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts). A.Provided legal services to customers for cash, 5,600 B. Provided legal services to customers on account, $4,700 C. Collected cash from customers account, $3,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2. Post the following February transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts).
A.Provided legal services to customers for cash, 5,600
B. Provided legal services to customers on account, $4,700
C. Collected cash from customers account, $3,500
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