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need help determining the end balance

need help determining the end balance

FINANCIAL ACCOUNTING
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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I need help determining the end balance

b. Interest Payable f. Prepaid Insurance j. Office Supplies k. Interest Expense 1. Insurance Expense c. Accounts Receivable g. Buildings d. Salaries Expense h. Rental Revenue Determine the ending balance of each of the following T-accounts. b. C. a. b Cash Accounts Payable Supplies 100 50 2,000 8,000 10,000 3,800 300 60 2,700 1,100 20 d. e. f. Accounts Receivable Wages Payable Cash 600 150 700 11,000 4,500 150 700 800 6,000 150 100 1,300 100 Prepare general journal entries for the following transactions of Green Energy Company. Use the follow- ing (partial) chart of accounts: Cash; Accounts Receivable; Supplies; Accounts Payable; Consulting Revenue; and Utilities Expense. The company billed a customer $2,000 in consulting revenue for sustainable proposals. The company purchased $300 of energy-efficient supplies on credit. 9. May 1 9 The company collected $500 cash as partial payment of the May 1 consulting revenue.
Transcribed Image Text:b. Interest Payable f. Prepaid Insurance j. Office Supplies k. Interest Expense 1. Insurance Expense c. Accounts Receivable g. Buildings d. Salaries Expense h. Rental Revenue Determine the ending balance of each of the following T-accounts. b. C. a. b Cash Accounts Payable Supplies 100 50 2,000 8,000 10,000 3,800 300 60 2,700 1,100 20 d. e. f. Accounts Receivable Wages Payable Cash 600 150 700 11,000 4,500 150 700 800 6,000 150 100 1,300 100 Prepare general journal entries for the following transactions of Green Energy Company. Use the follow- ing (partial) chart of accounts: Cash; Accounts Receivable; Supplies; Accounts Payable; Consulting Revenue; and Utilities Expense. The company billed a customer $2,000 in consulting revenue for sustainable proposals. The company purchased $300 of energy-efficient supplies on credit. 9. May 1 9 The company collected $500 cash as partial payment of the May 1 consulting revenue.
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