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Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, Indicating the ending balance. Assume no beginning balances in Accounts Payable and
Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, Indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise Inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,800. C. Purchased merchandise Inventory for cash, $10,200. Beg. Ball Cash < Bal. Bal. Accounts Payable Bal. Inventory
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