Accrued liabilities are amounts owed that are not yet The following summarizes Tesla's merchandising activities for the year. Cost of merchandise sold to customers $196,000 Merchandise inventory, beginning-of-year Merchandise purchases, gross amount Shrinkage on inventory as of year-end 25,000 192,500 800 Transportation-in for merchandise purchases Cost of merchandise returned by customers (and restored to inventory) Discounts received from suppliers on merchandise purchases Returns to and allowances from suppliers on merchandise purchases 2,900 2,100 1,700 4,000 Enter the summarized activities in the two T-accounts below. Complete this question by entering your answers in the tabs below. Merchandise Cost of Goods Inventory Sold Enter the summarized activities in the T-account below. Merchandise Inventory