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Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for

Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions.

The starting balance of Accounts Receivable is $4,500 The starting balance of Cash is $9,700 The starting balance of Inventory is $3,800

Date Accounts and Explanation Debit Credit
Jan 19 Cash 12
Accounts Receivable 12
Received customer payment
Jan 20 Inventory 15
Cash 15
Bought manufacturing supplies for cash
Jan 21 Cash 35
Inventory 35
Sold and delivered product to customer at cost

What is the final amount in Cash?

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