Part 1)

Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Accounts Receivable is $4,500 The starting balance of Cash is $9,700 The starting balance of Inventory is $3,800 Date Accounts and Explanation Debit Credit Jan 19 Cash 12 Accounts Receivable 12 Received customer payment Jan 20 Inventory 15 Cash 15 Bought manufacturing supplies for cash Jan 21 Cash 35 Inventory 35 Sold and delivered product to customer at cost What is the final amount in Cash? Note: No unit adjustments are necessary.Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Accounts Payable is $1,900 The starting balance of Cash is $14,100 The starting balance of Debt is $3,600 The starting balance of Inventory is $4,900 Date Accounts and Explanation Debit Credit Feb 10 Cash 59 Debt 59 Borrowed money from bank Feb 11 Accounts Payable Cash 4 Paid money owed to supplier Feb 12 Inventory 18 Accounts Payable 18 Bought manufacturing supplies on credit What is the final amount in Accounts Payable? Note: No unit adjustments are necessary.Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Cash is $9,700 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $23,600 Date Accounts and Explanation Debit Credit Mar 9 Cash 30 Inventory 24 Retained Earnings 6 Sold and delivered product to customer Mar 10 Cash 40 Retained Earnings 40 Sold, delivered, and received payment for service with no clear associated cost Mar 11 Retained Earnings 2 Cash 2 Consumed good or service and paid expense with cash What is the final amount in Retained Earnings? Note: No unit adjustments are necessary.Siam Traders Balance Sheet As of January 3, 2020 (amounts in thousands) Cash 9,100 Accounts Payable 1,900 Accounts Receivable 4,400 Debt 2,400 Inventory 4,800 Other Liabilities 600 Property Plant & Equipment 15,600 Total Liabilities 4,900 Other Assets 2,600 Paid-In Capital 6,900 Retained Earnings 24,700 Total Equity 31,600 Total Assets 36,500 Total Liabilities & Equity 36,500 Transfer the journal entries to T-accounts for the transactions below, compute closing amounts for the T-accounts, and construct a final balance sheet to answer the question. Journal amounts in thousands Date Account and Explanation Debit Credit Jan 4 Property, Plant & Equipment 43 Cash 43 Paid cash for machine Jan 5 Cash 11 Accounts Receivable 11 Received customer payment Jan 6 Cash 14 Inventory Retained Earnings Sold and delivered product to customer Jan 7 Cash 70 Paid-In Capital 70 Issued stock Jan 8 Accounts Payable Cash Paid money owed to supplier Jan 9 Cash 55 Debt 55 Borrowed money from bank Jan 10 Inventory 17 Accounts Payable 17 Bought manufacturing supplies on credit What is the final amount in Total Equity? Please specify your answer in the same units as the balance sheet (i.e., enter the number from your updated balance sheet)