Question

Current Attempt in Progress Selected transactions for Oriole Company are presented below in journal form (without explanations).

Date Account Title Debit Credit
May 5 Accounts Receivable 4,540
Service Revenue 4,540
12 Cash 1,350
Accounts Receivable 1,350
15 Cash 2,000
Service Revenue 2,000
Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)
Cash
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
Accounts Receivable
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
Service Revenue
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.
5/55/125/15Ending Bal.

Answer 1

1. Cash

Date Amount Date Amount

12-May $1,350

15-May $2,000

End bal $3,350

2. Accounts Receivable

Date Amount Date Amount

5-May $4,540 12-May $1,350

Bal c/d $3,190

$4,540 $4,540

End Bal $3,190

3. Service Revenue

Date Amount Date Amount

5-May $4,540

15-May $2,000

End Bal $6,540