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Post on T-account for transaction A-G. thank you Transaction No. Transaction A January 1: Pane purchases inventory on account to make stained glass windows. The

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Transaction No. Transaction A January 1: Pane purchases inventory on account to make stained glass windows. The contract has terms of 2/10,n/30. The goods were purchased under the shipping terms of FOB destination. Inventory Purchased Shipping Cost $9,750,000$5,050 B January 3: Pane receives rent for the 2 years from a tenant who rents one of their empty warehouses. Total Rent Paid $63,000 C January 5: Pane pays for the inventory purchased in transaction A. D2 February 12: Pane purchased a one year insurance policy on account with coverage beginning on March 1. Insurance Policy $20,000 E March 1. Pane nurchases additional imventorv on account to make stained elass windows. The goods were Shipping Cost $9,000 May 31: Pane sells window panes to customers. Some customers paid in cash, others purchased their goods on account. Pane uses the perpetual method to track their inventory. CashSalesSalesonaccountCostofGoodsSold5,367,00040,054,00013,250,000 June 1: Pane pays for the inventory purchased in transaction E. \begin{tabular}{ll} & \multicolumn{1}{l}{110 - Accounts Receivable } \\ 1/1/201: & 33,000,000 \end{tabular}

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