Post the transactions to T-accounts.

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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Date   Account Title   Debit   Credit
May 5
  Accounts Receivable   2,790    
      Service Revenue       2,790
12
  Cash   1,190    
      Accounts Receivable       1,190
15
  Cash   2,500    
      Service Revenue       2,500

Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)

Cash
choose a transaction date                                                           5/55/125/15
enter a debit amount
choose a transaction date                                                           5/55/125/15
enter a credit amount
choose a transaction date                                                           5/55/125/15
enter a debit amount
choose a transaction date                                                           5/55/125/15
enter a credit amount
Accounts Receivable
choose a transaction date                                                           5/55/125/15
enter a debit amount
choose a transaction date                                                           5/55/125/15
enter a credit amount
Service Revenue
choose a transaction date                                                           5/55/125/15
enter a debit amount
choose a transaction date                                                           5/55/125/15
enter a credit amount
choose a transaction date                                                           5/55/125/15
enter a debit amount
choose a transaction date                                                           5/55/125/15
enter a credit amount
Expert Solution
Step 1

Cash A/c

Date  Particular Debit amount Date  Particular Credit amount
12 May  To Accounts Receivable 1190      
15 May To Service Revenue 2500      
           

Accounts Receivable A/c

Date  Particular Debit amount Date  Particular Credit amount
5 May To Service Revenue 2790 12 May  By cash 1190
           
           

Service Revenue A/c

Date  Particular Debit amount Date  Particular Credit amount
      5 May By Accounts Receivable 2790
      15 May By Cash 2500
           
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