Post the following transactions to T-accounts and determine each account's ending balance. 1. 2. 3. 4. Supplies Bal. Accounts Payable Accounts Receivable Service Revenue Cash Accounts Receivable Accounts Payable Cash 2,964 4,902 3,990 1,368 3,990 2,622 Cash 2,964 4,902 3,990 1,368 4. V 2. 1,368

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.