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Question 17 On April 1: The company purchases supplies on account On April 5: The company pays for the supplies that were purchased on April
Question 17 On April 1: The company purchases supplies on account On April 5: The company pays for the supplies that were purchased on April 1. On April 1: The debit should be: The credit should be: Question 18 On April 1: The company purchases supplies on account. On April 5: The company pays for the supplies that were purchased on April 1. On April 5: The debit should be: The credit should be: Question 19 Calculate the ending balance of the following T-Account: Cash 100 250 300 50 500 150 $450 Debit Ending Balance $900 Debit Ending Balance and $450 Credit Ending Balance $450 Credit Ending Balance $900 Debit Ending Balance Question 20 Calculate the ending balance of the following T-account: Accounts Payable 200 300 150 750 50 100 $250 debit ending balance ($250) debit ending balance $650 debit ending balance and $900 credit ending balance $250 credit ending balance
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