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Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are...

Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. 1 Cash 7,700 Common Stock 7,700 10 Cash 1,250 Service Revenue 1,250 12 Equipment 6,400 Cash 1,550 Notes Payable 4,850 25 Accounts Receivable 2,890 Service Revenue 2,890 31 Cash 500 Accounts Receivable 500 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)

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Answer #1
Cash
Aug. 1 7700 Aug. 12 1550
Aug. 10 1250
Aug. 31 500
Bal. 7900
Accounts Receivable
Aug. 25 2890 Aug. 31 500
Bal. 2390
Equipment
Aug. 12 6400
Bal. 6400
Notes payable
Aug. 12 4850
Bal. 4850
Common Stock
Aug. 1 7700
Bal. 7700
Service Revenue
Aug. 10 1250
Aug. 25 2890
Bal. 4140
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