Calculate the account balances. Use a \"Bal.\" posting reference on the proper s

Question

Calculate the account balances. Use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts. Cash Accounts Payable Service Revenue Jul. 22 8001,300 Jul. 10 13,300 Jul. 31 Jul. 1 Jul. 19 Jul. 31 Jul. 31 70,000 28,000 6,800 1,190 590 Jul. 5 15,000 Jul. 9 Bal 13,300 Bal. 800 Jul. 22 4,750 Jul. 31 6,500 Jul. 31 Advertising Payable Salaries Expense 290 Jul. 28 Jul. 31 2,800 Bal 290 Bal Bal. 2,800 Accounts Receivable Unearned Revenue Rent Expense Jul. 31 6,500 1,190 Jul. 31 Jul. 5 Jul, 31 Bal. 590 1,700 Bal 6,500 1,190 Bal. Office Supplies Notes Payable Utilities Expense Jul. 10 1,300 28,000 Jul. 19 Jul 31 Bal 1,300 28,000 Bal 250 Land Common Stock Advertising Expense Jul. 9 15,000 70,000 Jul. 1 Jul. 28 Bal 15.000 70,000 Bal Jul. 31 6,500 6,500

Explanation / Answer

Cash 01-Jul 70000 590 05-Jul 19-Jul 28000 15000 09-Jul 31-Jul 6800 800 22-Jul 31-Jul 1190 4750 31-Jul 6500 31-Jul Bal 78350 105990 27640 Accounts payable 22-Jul 800 1300 10-Jul 800 1300 500 Balance

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