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Asked: 2022-04-13T07:32:14+00:00 In:

Determine the ending balance of each of the following T-accounts. Cash 220 420 Accounts Payable 3,200…

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Determine the ending balance of each of the following T-accounts.
Cash Account Payables
220 170 3,200 11,600
420 180 4,900
140

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..4..

 

Supplies Accounts Receivable
11,200 5,000 1,200 270
2,300 270
270
220

 

Wages Payable Cash
820 14,600 5,700
820 920 7,200
220 2,500
♦ Relevant knowledge

The Wages payable is an debt because of unpaid wages at the end of the month. It is a present liability that is shown on the balance sheet. The account is typically shown in the entries for adjusting.

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    Cash

    220 170
    420 180
    140
    Bal 430

    Account payable

    3,200 11,600
    4,900
    Bal 3,500

    Supplies

    11,200 5,000
    2,300
    Bal 8,500

    Account Recievable

    1,200 270
    270
    270
    220
    Bal 170

    Wages payable

    820
    820

    Cash

    14,600 5,700
    920 7,200
    220 2,500
    Bal 340
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