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Required information [The following information applies to the questions displayed below] Roth Incorporated experienced the following transactions for Year 1, its first year of operations:

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Required information [The following information applies to the questions displayed below] Roth Incorporated experienced the following transactions for Year 1, its first year of operations: 1. Issued common stock for $80,000 cash. 2. Purchased $230,000 of merchandise on account. 3. Sold merchandise that cost $148,000 for $294,000 on account. 4. Collected $246,000 cash from accounts recelvable. 5. Paid $215,000 on accounts payable. 6. Paid $60,000 of salaries expense for the year. 7. Paid other operating expenses of $49,000. 8. Roth adjusted the accounts using the following information from an accounts receivable aging schedule. Required a. Record the given transactions in general journal form and post to T-accounts. Complete this question by entering your answers in the tabs below. Required information (1) Required information (1) Required information \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cash } \\ \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & 0 & 0 & \\ \hline 1. & & & 5 \\ \hline 4. & 0 & 0 & 6 \\ \hline - & & & 7 \\ \hline= & & & \\ \hline \begin{tabular}{l} Ending \\ Balance \end{tabular} & & & \\ \hline \end{tabular} Part 1 of 2 References Required information Allowance for Doubtful Accounts \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & 0 & 0 & \\ \hline 3a. & & & 4 \\ \hline & 0 & 0 & \\ \hline \begin{tabular}{l} Ending \\ Balance \end{tabular} & & & \\ \hline \end{tabular} Merchandise Inventory \begin{tabular}{|l|r|r|r|} \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & & \multicolumn{3}{|c|}{ Merchandise inventory } \\ \hline 2. & & 0 & \\ \hline & & & 3b. \\ \hline \end{tabular} Required information [The following information applies to the questions displayed below] Roth Incorporated experienced the following transactions for Year 1, its first year of operations: 1. Issued common stock for $80,000 cash. 2. Purchased $230,000 of merchandise on account. 3. Sold merchandise that cost $148,000 for $294,000 on account. 4. Collected $246,000 cash from accounts recelvable. 5. Paid $215,000 on accounts payable. 6. Paid $60,000 of salaries expense for the year. 7. Paid other operating expenses of $49,000. 8. Roth adjusted the accounts using the following information from an accounts receivable aging schedule. Required a. Record the given transactions in general journal form and post to T-accounts. Complete this question by entering your answers in the tabs below. Required information (1) Required information (1) Required information \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cash } \\ \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & 0 & 0 & \\ \hline 1. & & & 5 \\ \hline 4. & 0 & 0 & 6 \\ \hline - & & & 7 \\ \hline= & & & \\ \hline \begin{tabular}{l} Ending \\ Balance \end{tabular} & & & \\ \hline \end{tabular} Part 1 of 2 References Required information Allowance for Doubtful Accounts \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & 0 & 0 & \\ \hline 3a. & & & 4 \\ \hline & 0 & 0 & \\ \hline \begin{tabular}{l} Ending \\ Balance \end{tabular} & & & \\ \hline \end{tabular} Merchandise Inventory \begin{tabular}{|l|r|r|r|} \hline \begin{tabular}{l} Beginning \\ Balance \end{tabular} & & \multicolumn{3}{|c|}{ Merchandise inventory } \\ \hline 2. & & 0 & \\ \hline & & & 3b. \\ \hline \end{tabular}

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