Question 3 Not complete Marked out of 12.00 Flag question The Account The following transactions occurred during December, the first month of oper 1 Purchased $750 of inventory on account. 2 Purchased $200 of inventory on account. 3 Paid suppliers 5600. 4 Purchased $500 of inventory on account. 5 Paid suppliers $300. Date General Journal Description Debit Credit To record purchase of inventory on account (2) To record purchase of inventory on account. To record payment to suppliers. To record purchase of inventory on account. Accounts Payable Cash Cost of Goods Sold Inventory To record purchase of inventory on account. To record payment to suppliers. To record purchase of inventory on account. To record payment to suppliers. Accounts Payable Balance Previous Save Answers Copyright 2019 Slambridge Business Publishers. All Rights Reserve The following transactions occurred during December, the first month of operations for Harris Company. Prepare journal entries and create a T-account for accounts payable that includes the following five transactions