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Foundations

T-account posting

Post entries one at a time and follow each account's balance.

Last posted: Opening cash

1000Cash at bank
Opening cash6,000

Balance: 6,000 Dr

1100Accounts receivable
April invoice2,400

Balance: 2,400 Dr

1350Supplies

Balance: 0

2000Accounts payable

Balance: 0

6100Rent expense

Balance: 0

4100Service revenue
April invoice2,400

Balance: 2,400 Cr

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