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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 $3,200 The starting balance of Cash is $13,700 The starting balance of Inventory is $5,100 Debit Credit Date Accounts and Explanation Jan 19 Inventory 14 Cash 14 Bought manufacturing supplies for cash Jan 20 Cash 35 Inventory 35 Sold and delivered product to customer at cost Jan 21 Cash 13 Accounts Receivable 13 Received customer payment What is the final amount in Inventory
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