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prepare journal entries to record the following transactions. Create a T- account for Accounts Payable, ost any entries thst affect the account, and tally ending
prepare journal entries to record the following transactions. Create a T- account for Accounts Payable, ost any entries thst affect the account, and tally ending balance for the account. Assume an Accounts Payable beginning balance of $5,000.
G. Received an electric bill for $125 which is due to be paid in three weeks. H. Completed an altering job for $45. The customer asked to be billed. Prepare the necessary journal entries to record these transactions. If an entry is not required for any of these transactions, state this and explain why. PA15.) Prepare journal entries to record the following transactions. Create a Taccount for Accounts Payable, post any entries that affect the account, and tally ending balance for the account. Assume an Accounts Payable beginning balance of $5,000. A. February 2, purchased an asset, merchandise inventory, on account, $30,000 B. March 10 , paid creditor for part of February purchase, $12,000
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