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6. Prepare the journal entries for each of the six transactions depicted in the following T-accounts, along with a brief explanation as to the nature
6. Prepare the journal entries for each of the six transactions depicted in the following T-accounts, along with a brief explanation as to the nature of the transaction. Cash Prepaid Rent Sales 11,600 (4) (1) 11,0001 350 (2) (5) 400/450 (6) (2) 3501 | Accounts Receivable Accounts Payable Cost of Goods Sold (4) 1,6001400 (5) I 1 2,800 (3) (4) 1,1001 1 Merchandise Inventory Paid-In Capital Wage Expense (3) 2,800 1,100 (4) 111,000 (1) (6) (450)
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