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4. Summarize the journal entry effects from part 3 using T-accounts. Use the September 30, 2016, ending balances as the beginning balances for the October-December

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4. Summarize the journal entry effects from part 3 using T-accounts. Use the September 30, 2016, ending balances as the beginning balances for the October-December 2016 quarter. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Cash 132 Beg. Bal. b Beg. Bal b. Accounts Recolvable 26 15 15 d 11 50 a 120 C 12 End. Bol End, Bal. 41 Inventory 168 50 Prepaid Rent 24 Beg. Bal Beg Bal a End. Bal 218 End, Bal 24 Equipment 355 120 Software 55 Bog. Bal c. Beg. Bal. 130 End, Bal. 345 End, Bal. 55 Accounts Payable 112 Salaries and Wages Payable 36 Beg. Bal. Beg. Bal Accounts Payable Beg. Bal. Salaries and Wages Payable 36 112 Beg. Bal. End. Bal. 112 End. Bal. 36 Notes Payablo (short-term) Notes Payable (long-term) 215 Beg. Bal. d. AN 11 Beg. Bal. c. 130 End. Bal. 13 End. Bal. 345 Common Stock Retained Earnings 373 Beg. Bal. 22 Beg. Bal. 15 b. End. Bal. 37 End. Bal. 373

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