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1 onsider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries
1 onsider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Accounts Payable is $1,200 The starting balance of Cash is $9,000 The starting balance of Debt is $3,600 The starting balance of Inventory is $5,100 Date Accounts and Explanation Debit Credit Feb 10 Inventory 15 Accounts Payable Bought manufacturing supplies on credit 15 Feb 11 Cash 65 Debt 65 Borrowed money from bank Feb 12 Accounts Payable Cash Paid money owed to supplier What is the final amount in Accounts Payable? on tins
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