Solution-Post the entries to the cash account of the

Post the entries to the cash account of the general ledger

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Reference no: EM132599209

For each of the following accounts, indicate the effect of a debit or a credit on the account and the normal balance.

Debit Effect Credit Effect Normal Balance

(a) Accounts Payable

(b) Advertising Expense

(d) Accounts Receivable

(e) Retained Earnings

(f) Dividends

Joel Blocker recorded the following transactions during the month of April.

Apr. 3 Cash 1,970

Service Revenue 1,970

16 Rent Expense 410

Cash 410

20 Salaries and Wages Expense 450

Cash 450

Question 1: Post these entries to the Cash account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $3,370. (Post entries in the order of journal entries presented in the question.)

Reference no: EM132599209

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Post the entries to the cash account of the general ledger

Reference no: EM132599209

Reference no: EM132599209

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