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On February 26 a business paid $4,200 to satisfy a previously recorded account payable Record the transaction into the T Accounts below. Cash Accounts Payable

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On February 26 a business paid $4,200 to satisfy a previously recorded account payable Record the transaction into the T Accounts below. Cash Accounts Payable 4,200 Merchandise inventory 4,200 A Slick had the following business transactions during the month of November 2020. a) Collected $1,200 from a credit customer b) Completed work for a customer on credit in the amount of $860. c) Paid the part time office assistant's wages of $680. d) Purchased $400 office supplies on credit. ho Required: Record the November transactions on the table below. Add a plus or minus sign before each transaction. Note: Explanations are not required. + Cash Assets Accounts Receivable 2.800 Equity Revenue + Supplies Liabilitie Accounts Payable 1,800 + Expense 5,000 A Slick Capital 9,400 + + 3.400 + a) b) c) d) Bal

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