ent P7-6A The general ledger of Katie's Supplies includes the following accounts: Cash......... 111 Furniture..... 1 Inventory........ 131 Accounts Payable........... 21 Prepaid Insurance.......... 161 Rent Expense.. 5 58 Suflolies...... 171 Utilities Expense..... LO Transactions in August that affected purchases and cash payments were as follows: Aug. Purchased inventory on credit from Stiples Corp., $6,900. Terms ent P7-6A The general ledger of Katie's Supplies includes the following accounts: Cash......... 111 Furniture..... 1 Inventory........ 131 Accounts Payable........... 21 Prepaid Insurance.......... 161 Rent Expense.. 5 58 Suflolies...... 171 Utilities Expense..... LO Transactions in August that affected purchases and cash payments were as follows: Aug. Purchased inventory on credit from Stiples Corp., $6,900. Terms