Determine the ending balance of each of the following T-accounts Cash Accounts Payable 190 390 110 140 Beg.Bal
Discipline: Accounting
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 3-4)
Paper Format: APA
Pages: 1
Words: 275
Question
:
Determine the
ending balance of each of the following T-accounts Cash Accounts Payable
190 390 110 140 Beg.Bal. 150 2,900 4,300 Beg.Bal 10,700 End.Bal
End.Bal. Supplies Accounts Receivable 10,900 240 240 240 190 Beg.Bal.
4,700 Beg.Bal. 1,050 2,000 End.Bal. End.Bal. Wages Payable Cash 5,400
6,900 2,200 Beg.Bal. 790 Beg.Bal. 13,700 890 190 790 End.Bal End.Bal
Expert Answer
Step 1/2
Determination of the ending balance of each of the following T-accounts.
Cash | Accounts Payable | |||||
Beg. Bal. | $190 | $140 | Beg. Bal. | $2,900 | $10,700 | |
$390 | $150 | $4,300 | ||||
$110 | ||||||
End. Bal. | $400 | End. Bal. | $3,500 | |||
Supplies | Accounts Receivable | |||||
Beg. Bal. | $10,900 | $4,700 | Beg. Bal. | $1,050 | $240 | |
$2,000 | $240 | |||||
$240 | ||||||
$190 | ||||||
End. Bal. | $8,200 | End. Bal. | $140 | |||
Wages Payable | Cash | |||||
Beg. Bal. | $790 | Beg. Bal. | $13,700 | $5,400 | ||
$790 | $890 | $6,900 | ||||
$190 | $2,200 | |||||
End. Bal. | $0 | End. Bal. | $280 | |||
Step 2/2
Final answer
Calculation of ending balance of the T-accounts are provided in Step-1.
Detailed workings and explanations are provided in Step-2.