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

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Consider the following account starting balances and transactions involving these accounts Use T-accounts to record the starting balances and the offsetting entries for the transactions. The starting balance of Cash is $9,000 The starting balance of Inventory is $5,100 The starting balance of Retained Earnings is $22,800 1. Sell product for $30 in cash with historical cost of $24 2. Sell, deliver, and receive payment of $25 for service 3. Consume good or service and pay expense of $1 What is the final amount in Retained Earnings

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