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 Accounts Receivable is $4,700 The starting balance of Cash is $8,400 The starting balance of Inventory is $4,200

1. Sell product for $30 in cash with historical cost of $30 2. Receive payment of $9 owed by a customer 3. Buy $15 worth of manufacturing supplies for cash

What is the final amount in Cash?

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 Accounts Payable is $2,400 The starting balance of Cash is $14,700 The starting balance of Debt is $3,700 The starting balance of Inventory is $3,800

1. Buy $16 worth of manufacturing supplies on credit 2. Borrow $62 from a bank 3. Pay $5 owed to a supplier

What is the final amount in Debt?

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 $12,500 The starting balance of Inventory is $5,200 The starting balance of Retained Earnings is $23,900

1. Consume good or service and pay expense of $3 2. Sell product for $20 in cash with historical cost of $16 3. Sell, deliver, and receive payment of $35 for service

What is the final amount in Retained Earnings?