X More info Cash S Accounts receivable 40,000 85.000 74,000 2,500 Inventory Prepaid rent Accounts payable Paid-in capital Retained earnings 29.000 150,000 22,500 $ 201,500 $ 201,500 Print Done - More info N a. Collections of accounts receivable, $71,000 b. Payments of accounts payable, $10,000. C. Acquisitions of inventory on open account, $85,000 d. Merchandise carried in inventory at a cost of $74,000 was sold on open account for $94,000. e. Recognition of rent expense for November, $500. f. Wages paid in cash for November $9.000. 9. Cash dividends declared and disbursed to stockholders on November 29. $9,000 Print Done b. Payments of accounts payable, $10,000 Accounts Debit Credit b Accounts payable 10,000 Cash 10,000 c. Acquisitions of inventory on open account, 585,000 Debit Credit Accounts Inventory Accounts payable 85,000 85,000 01. Merchandise carried in inventory at a cost of $74.000 was sold on open account for $94,000. (First Credit Accounts Accounts receivable Debit 94,000 d1 Sales 94.000 02 Merchandise carried in inventory at a cost of $74,000 was sold on open account for $94.000 (Now! Accounts Debit Credit d2 Help me solve this Etext pages Get more help Requirements 1. Prepare journal entries for transactions a through g. 2. Enter beginning balances in T-accounts in a general ledger, then post the entries to T-accounts in the ledger, keying your postings by transaction letter 3. Prepare a trial balance for the month ending November 30, 20X0. 4. Explain why accounts payable increased by so much during November