Question



0 Determine the ending balance of each of the following Cash Accounts Payable 3,300 11,900 5,100 230 180 Dints 190 430 150 eB
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Answer

Cash

230 180
430 190
150
$440

Ending balance=$230+$430+4150-$180-$190=$440

ENDING BALANCE=$440

Accounts payable

$ 3,300 $11,900
$ 5,100
$3,500

Ending balance=$11,900-$3,300-$5,100

ENDING BALANCE=$3,500

Supplies

$11,300 $5,100
$2,400
$8,600

Ending balance=$11,300+$2,400-$5,100

ENDING BALANCE=$8,600

Accounts receivable

$1,250 $280
$280
$280
$230
$180

Ending balance=$1250-$280-$280-$280-$230

ENDING BALANCE=$180

Wages payable

$830 $830

Ending balance=$830-$830

Ending balance=$0

Cash

$14,900 $5,800
$930 $7,300
$230 $2,600
$360

Ending balance=$14,900+$930+$230-$5,800-$7,300-$2,600

=$360

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