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Please help me with the T balance Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory ona $165,000

Please help me with the T balance
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Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory ona $165,000 (assume Marchetti uses a perpetual inventory system): (2) paid $40,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $120.000 to credit customers for $200,000;(4) collected $180,000 in cash from credit customers; and (5) paid suppliers of inventory $145,000. ccount for st the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero except for cash, accounts receivable, and accounts payable that had opening balances of $65,000, $43,000, and $22,000, respectively. (Enter transaction number in the column next to the amount.) C ash Accounts Receivable Beg. bal. 65,000 Beg. bal 43,000 1) 165,000 End. bal. 230,000 End. bal. 43,000 Accounts Payable Beg. bal 22,000 End. bal. End. ball 22,000 Sales Revenue Cost of Goods Sold Beg. bal K Prev2 of 7 Next>

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