3.500 Bal 9.100 4,700 Bal 1.200 Accounts Receivable 3,500 Service Revenue Bal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Ef 16.

Post the following February transactions to T-accounts for Accounts Receivable, Cash, and Service Revenue, indicating the ending
balance (assume no beginning balances in these accounts).
1. provided legal services to customers for cash, $5,600
2. provided legal services to customers on account, $4,700
3. collected cash from customer accounts, $3,500
5.600
3.500
Bal 9.100
4,700
Bal 1.200
Cash
Accounts Receivable
3,500
Service Revenue
Bal
Transcribed Image Text:Post the following February transactions to T-accounts for Accounts Receivable, Cash, and Service Revenue, indicating the ending balance (assume no beginning balances in these accounts). 1. provided legal services to customers for cash, $5,600 2. provided legal services to customers on account, $4,700 3. collected cash from customer accounts, $3,500 5.600 3.500 Bal 9.100 4,700 Bal 1.200 Cash Accounts Receivable 3,500 Service Revenue Bal
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