To start his own business, Frank Rogers put $24,400 of his personal cash into the business account. Given the following additional transactions calculate the ending balance of each of the following accounts after all journal entry amounts are posted: Cash, Supplies, Supplies Expense, Deferred Revenue, and Service Revenue Item 1 2 Supplies Expense Supplies 3 Description Supplies Cash 4 Cash Deferred Revenue Deferred Revenue Service Revenue Ref. Debit 1,740 555 1,390 1,220 Credit 1,740 355 1,390 1,220 Cash Supplies Supplies Expense Deferred Revenue Service Revenue X PUDO

Define benchmarking

how to analyze system development

What are the major differences between job-order costing and process costing systems? Give an example of a well-known company that might use job costing, and an example of a well-known company that might use process costing. Explain why you have chosen the companies that you did, and do not choose companies upon which your classmates have already commented. Participate in follow-up discussion by commenting on your classmates’ choices of companies.