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Post the following November transactions to T-accounts for Accounts Payable and Inventory, indicating the ending balance (assume no beginning balances in these accounts). A. Purchased
Post the following November transactions 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, $24,000. B. Paid vendors for part of inventory purchased earlier in month, $15,000. C. Purchased merchandise inventory for cash, $6,200. D A. B. C. Bal. Accounts Payable Bal. Inventory
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