CHAPTER 2 APPENDIX 6. Paid the vendor $55,000 for the inventory parts 30 days after receipt of the bill. 7. Inventory costing $40,000is sold to customers on account for $62,000. 8. Collected $24,000 from customers from previous credit sales. 9. Inventory costing $15,000 is sold to customers for $23,000 cash. 10. By the end of the accounting period, we used up the remaining $80,000 of office supplies. 11. Billed customers for rertal of quipment of $160,000. A 17 CHAPTER 2 APPENDIX 6. Paid the vendor $55,000 for the inventory parts 30 days after receipt of the bill. 7. Inventory costing $40,000is sold to customers on account for $62,000. 8. Collected $24,000 from customers from previous credit sales. 9. Inventory costing $15,000 is sold to customers for $23,000 cash. 10. By the end of the accounting period, we used up the remaining $80,000 of office supplies. 11. Billed customers for rertal of quipment of $160,000. A 17