The beginning balance of each account before the, Finance Basics

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The beginning balance of each account before the

Question: Consider the recorded transactions below.

Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $2,400; Accounts Receivable, $3,200; Supplies, $300; Accounts Payable, $2,500; Unearned Revenue, $200. Service Revenue and Advertising Expense each have a beginning balance of zero.

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