Service Revenue and Advertising Expense each have a beginning balance of zero. Township and range system - A rectangular land division scheme designed by Thomas Jefferson to disperse settlers evenly across farmlands of the U.S. The beginning balance of each account before the transactions is: Cash, $3,400 Accounts Receivable,$4,200 Supplies, $400 Accounts Payable,$3,500 Deferred Revenue, $300. Post each transaction to T-accounts and compute the ending balance of each account.
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