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Accounting: Journal 2 Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the

Accounting: Journal 2

Consider 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 $1,900

The starting balance of Cash is $14,100

The starting balance of Debt is $3,600

The starting balance of Inventory is $4,900

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Consider 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 $1,900 The starting balance of Cash is $14, 100 The starting balance of Debt is $3,600 The starting balance of Inventory is $4,900 Date Accounts and Explanation Debit Credit Feb 10 Cash 59 Debt 59 Borrowed money from bank Feb 11 Accounts Payable Cash 4 Paid money owed to supplier Feb 12 Inventory 18 Accounts Payable 18 Bought manufacturing supplies on credit What is the final amount in Accounts Payable

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