Selected account balances for Satina SpA at January 1, 2017, are presented below. Accounts Payable............................19,000 Accounts Receivable..........................22,000

Question:

Selected account balances for Satina SpA at January 1, 2017, are presented below.
Accounts Payable............................€19,000
Accounts Receivable..........................22,000
Cash.............................................17,000
Inventory........................................13,500
Satina's sales journal for January shows a total of €100,000 in the selling price column, and its one-column purchases journal for January shows a total of €72,000.
The column totals in Satina's cash receipts journal are Cash Dr. €64,000; Sales Discounts Dr. €1,100; Cr. €48,000; Sales Revenue Cr. €6,000; and Other Accounts Cr. €11,100.
The column totals in Satina's cash payments journal for January are Cash Cr. €55,000; Inventory Cr. €1,000; Dr. €46,000; and Other Accounts Dr. €10,000. Satina's total cost of goods sold for January is €63,600.
Accounts Payable, Cash, Inventory, and Sales Revenue are not involved in the "Other Accounts" column in either the cash receipts or cash payments journal, and are not involved in any general journal entries.
Instructions
Compute the January 31 balance for Satina in the following accounts.
(a) Cash.
(d) Inventory.
(e) Sales Revenue.
Accounts Payable
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