Record the above in the T Accounts and calculate the ending balances in the following accounts using the perpetual Inventory

System:

Setions took place during the month: Date Detail of the transaction 01-Jan Purchased Inventory for $5.000 from Roady Tires with term 2/10 N30 02-Jan Paid fright in for FOB Shipping point $500 03.Jan Returned Inventory purchased on Jan 01 for $300 10-Jan Paid the net amount to Roady after applying the discount and credit for the return 15-Jan Purchased Inventory for $3,000 from Roady Tires with term 2/10 N30 Record the above in the T Accounts and calculate the ending balances in the following accounts using the perpetual Inventory System: -Cash (it has opening balance of DR. $20,000) Merchandise Inventory - Accounts Payable Use the T-accounts to record the above transactions, and enter the ending balances below. Do not use the dollar sign and use the commes every thousands . 15-Jan Purchased Inventory for $3,000 from Roady Tires with term 2/10 N30 Record the above in the T Accounts and calculate the ending balances in the following accounts using the perpetual Inventory System: - Cash (It has opening balance of DR. $20,000) - Merchandise Inventory - Accounts Payable Use the T-accounts to record the above transactions, and enter the ending balances below. Do not use the dollar sign and use the commas every thousands. Cash Blank 1 Merchandise Inventory Blank 2 Accounts Payable Blank 3 Blank 1 Add your answer Blank 2 Add your answer Blank 3 Add your