(Solved): Consider the following transactions. 1. Receive cash from customers, $15,400. 2. Pay cash for emplo ...

Consider the following transactions. 1. Receive cash from customers, $\$15,400$. 2. Pay cash for employee salaries, $\$9,400$. 3. Pay cash for rent, $\$3,400$. 4. Receive cash from sale of equipment, $\$8,400$. 5. Pay cash for utilities, $\$1,400$. 6. Receive cash from a bank loan, $\$4,400$. 7. Pay cash for advertising, $\$7,400$. 8. Purchase supplies ontaccount, $\$3,400$. Required: Post transactions to the Cash T-account and calculate the ending balance.