Brief Exercise 2-3 (Static) T-accounts [LO2-4] The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $165,000 (assume Marchetti uses a perpetual inventory system); (2) paid $40,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $120,000 to credit customers for $200,000; (4) collected $180,000 in cash from credit customers; and (5) paid suppliers of inventory $145,000. Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero except for cash, accounts receivable, and accounts payable that had opening balances of $65,000, $43,000, and $22,000, respectively. (Enter the transaction number in the column next to the amount.) Cash Beg. bal. (1) 165,000 Accounts receivable Beg. bal. End. bal. 165,000 End. bal. Inventory Accounts payable Beg. bal. (1) Beg. bal. End. bal. End. bal. Sales revenue Cost of goods sold Beg. bal. (2) Beg. bal. 40,000 End. bal. 40,000 Salaries expense Beg. bal. (2) 40,000 (4) End. bal. 40,000 End. bal.