Reconstruct the journal entries (omit explanations) that resulted in the postings to the following T-accounts of a
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Cash Accounts Payable Paid-in Capital (a) 50,000 (e 18,000 (e) 18,000()80,000 (a) 50,000 Accounts Receivable (c) 110,000 Inventory Cost of Goods Sold Sales Revenue (b) 80,000 (d) 68,000 d 68,000 (c) 110,000
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a Cash 50000 Paidin capital 50000 b Inventory ...View the full answer
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Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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