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 $1,980. (Post entries in the order displayed in the problem.)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 8EA: Maddie Inc. has the following transactions for its first month of business. A. What are the...
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Larkspur, Inc. recorded the following transactions during the month of April.
Date
April 3
April 16
April 20
4/1
4/3
Account Titles and Explanation Debit Credit
2,600
4/16
Cash
Service Revenue
Rent Expense
Cash
Salaries and Wages Expense
Cash
$1,980
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 $1,980. (Post entries in the order displayed in the problem.)
2,600
870
Cash
4/30
4/30
870
4/20
590
2,600
870
590
590
590
590
Transcribed Image Text:Larkspur, Inc. recorded the following transactions during the month of April. Date April 3 April 16 April 20 4/1 4/3 Account Titles and Explanation Debit Credit 2,600 4/16 Cash Service Revenue Rent Expense Cash Salaries and Wages Expense Cash $1,980 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 $1,980. (Post entries in the order displayed in the problem.) 2,600 870 Cash 4/30 4/30 870 4/20 590 2,600 870 590 590 590 590
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