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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 $21,220.

A. purchased merchandise inventory on account, $9,900

Accounts Payable

Inventory

B. paid vendors for part of inventory purchased earlier in month, $6,500

Cash

Beg. Bal.21,220.00

Accounts Payable

9,900.00

C. purchased merchandise inventory for cash, $4,750

Cash

Beg. Bal.21,220.00

6,500.00

Bal.

Accounts Payable

9,900.00

6,500.00

Bal.

Inventory

9,900.00

Bal.

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