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Accounts I have to choose from are: Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in

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Accounts I have to choose from are:

Cash

Accounts Receivable

Inventory

Prepaid Rent

Fixtures and Equipment

Accounts Payable

Interest Payable

Wages Payable

Notes Payable

Paid-in Capital

Retained Earnings

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Sales were $80,000. Cost of merchandise sold was 55% of sales. 75% of sales were on open account. [Note: Record the complete sales entry and the complete expense entry second.] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount

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