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From the following transactions, complete a subsidiary ledger for the milk and juice products. Also calculate the ending balance in the Merchandise Inventory account. a

From the following transactions, complete a subsidiary ledger for the milk and
juice products. Also calculate the ending balance in the Merchandise Inventory
account.
a. Bought 4 milks on account for $2 each.
b. Sold 1 milk for $3.
c. Bought 2 milks at $2 and 4 juices at $2 on account.
d. Sold for cash 1 milk at $3 and 3 juices at $3.
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