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JC Hockensmith Manufacturing has the November transactions below. Post them to T-accounts for Accounts Payable and Inventory, indicating the ending balance (assume no beginning balances
JC Hockensmith Manufacturing has the November transactions below. Post them to T-accounts for Accounts Payable and Inventory, indicating the ending balance (assume no beginning balances in these accounts). A. purchased merchandise inventory on account, $22,000 B. paid vendors for part of inventory purchased earlier in month, $14,000 C. purchased merchandise inventory for cash, $6,500 JC Hockensmith Manufacturing has the November transactions below. Post them to T-accounts for Accounts Payable and Inventory, indicating the ending balance (assume no beginning balances in these accounts). A. purchased merchandise inventory on account, $22,000 B. paid vendors for part of inventory purchased earlier in month, $14,000 C. purchased merchandise inventory for cash, $6,500
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