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09 The following amounts summarize Transeer Company's merchandising activities during 2020. Post the activities in the following T- accounts and calculate the account balances. Assume

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09 The following amounts summarize Transeer Company's merchandising activities during 2020. Post the activities in the following T- accounts and calculate the account balances. Assume that the company uses perpetual inventory system. ts $ 181,009 35,500 187,000 31,500 1,950 2,250 1,650 4,200 Cost of merchandise sold to customers in sales transactions Merchandise inventory balance, Dec. 31, 2019 Invoice cost of merchandise purchases Shrinkage determined on Dec. 31, 2020 Cost of transportation in Cost of merchandise returned by customers and restored to inventory Purchase discounts received Purchase returns and allowances received oBook Print aferences Merchandise Inventory Dec 31, 2019 End. Bal 6 nts eBook Print eferences Cost of Goods Sold End Bal Next

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