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Bookmarks Window Help 55% Inbox (6,847 messages, 1,794 unread) ALEKS: Gritfin Dougas Compute Not Income. Go ALEKS Calculator Question #8 To start her own business, Alice Butler put $21,200 of her personal cash into the business account. Given the following additional transactions calculate the ending balance of each of the folliowing accounts after all journal entry amounts are posted: Cash, Supplies, Supplies Expense, Utilities Expense, and Accounts Payable Re Deb 1Suppiles 1,640 Cash Sapplies Supplics Expense Utilities Expense Accounts Payable 1,640 2Sapplies Expes 580 580 Ullities Experse 485 Accounts Payable 485 Clear Undo H 375 375 Next We The

Explanation / Answer

1. Accounts payable

Ending Balance of Accounts payable = $110

2. Utilities expense

Ending Balance of Utilities expense= $485

3. Supplies   

Ending Balance of Supplies = $1060

4 Supplies expense

Ending Balance of Supplies expense = $580

5. Cash

Ending Balance of Cash = $19185

To cash 375 By utilties expense 485 To Balance c/d 110

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