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In the chart below, write the numbers of the accounts that are debited and credited when the given adjustments are made. For (B). (C), and

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In the chart below, write the numbers of the accounts that are debited and credited when the given adjustments are made. For (B). (C), and (D), assume that accounting clerks debited asset accounts when they received the appropriate invoices For the following transactions, write the names of the accounts to be debited and credited Account Debited Account Credited (A) Sold merchandise on account (B) Purchased merchandise on account (C) Paid cash for transportation charges on incoming goods (D) Closed out the Purchase account (E) Set up the merchandise inventory for the next fiscalpened (5) Closed out the beginning merchandise inventory

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