Receive cash from customers, $16,400. Pay cash for employee salaries, $10,400. Pay cash for rent, $4,400. Receive cash from sale of equipment, $9,400. Pay cash for utilities, $2,400. Receive cash from a bank loan, $5,400. Pay cash for advertising, $8,400. Purchase supplies on account, $4,400. Required: Post transactions to the Cash T-account and calculate the ending balance.
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