TOKEN TRAY Drag token to drop BALANCE SHEET ASSETS CASH $0 RAW MATERIALS $1,000 WORK IN PROCESS $0 FINISHED GOODS $0 PPE $0 LIABILITIES ACCOUNTS PAYABLE $1,000 WAGES PAYABLE $0 BANK LOAN $0 EQUITY CONTRIBUTED CAPITAL 50 RETAINED EARNINGS 50 Sub-ledgers are used to track inventory details. The company purchased $1,000 worth of raw materials on January 1, 2018. DATE Jan 1 ACCOUNTS & EXPLANATION To record purchase of raw materials on account V $ $ DEBIT $ CREDIT SUBMIT 93%

TOKEN TRAY Drag voken to drop BALANCESHEET Sub-ledgers are used to track inventory details. The company purchased $1,000 worth of raw materials on January 1, 2018. To recond purchase of raw materials on account