Architect Gary Gervay purchased supplies on account for $$5,800.$ Later, Gervay paid $$3,480$ on account.

Journalize the two transactions on the books of Gary Gervay, Architect. Include an explanation for each transaction.

The Accounts Payable T$-$account has been opened for you. Post the transactions to the $T-$account and compute the balance.

How much does the Gervay's business owe after both transactions? In which account does this amount appear?

Journalize the two transactions on the books of Gary Gervay, architect. Include an explanation for each transaction. $($Record debits first, then credits. Enter explanations on the last line.$)$

Architect Gary Gervay purchased supplies on account for $$5,800.$

$1.$