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Account Name Debit Amount Credit Amount Inventory 7500 Accounts Payable 7500 Accounts Payable 600 Inventory 600 Shipping Expense 200 Cash 200 Inventory Accounts Payable 9500
| Account Name | Debit Amount | Credit Amount |
| Inventory | 7500 | |
| Accounts Payable | 7500 | |
| Accounts Payable | 600 | |
| Inventory | 600 | |
| Shipping Expense | 200 | |
| Cash | 200 | |
| Inventory | ||
| Accounts Payable | 9500 | |
| 9500 | ||
| Accounts Payable | 1500 | |
| Inventory | 1500 | |
| Accounts Payable | 7500 | |
| Cash | 7500 | |
| Accounts Payable | 8805 | |
| Cash | 8805 |
Please create appropriate T-accounts (ledgers) and post your journal entries.
Note: Your T-account balance (to
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