Cheyenne Corp. recorded the following transactions during the month of April. Date April 3 Account Titles and Explanation Debit Credit Cash 2,800 Service Revenue April 16 Rent Expense Cash April 20 Salaries and Wages Expense Cash 800 Cash 480 2,800 800 480 Post these entries to the Cash T-account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $1,750. (Post entries in the order displayed in the problem.)

Cheyenne Corp. recorded the following transactions during the month of April. Date April 3 Account Titles and Explanation Debit Credit Cash 2,800 Service Revenue April 16 Rent Expense Cash April 20 Salaries and Wages Expense Cash 800 Cash 480 2,800 800 480 Post these entries to the Cash T-account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $1,750. (Post entries in the order displayed in the problem.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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