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Alenkasestr [34]
3 years ago
11

The Marchetti Soup Company entered into the following transactions during the month of June:

Business
1 answer:
Lisa [10]3 years ago
8 0

Answer:

Cash account

                          debit                credit

opening            70,000

2)                                                50,000

4)                       230,000

<u>5)                                                175,000</u>

                         75,000

Accounts receivable account

                          debit                credit

opening            53,000

3)                       250,000

<u>4)                                                230,000</u>

                         73,000

Accounts payable account

                          debit                credit

opening                                     32,000

1)                                                 195,000

<u>5)                        175,000                         </u>

                                                  52,000

Merchandise inventory account

                          debit                credit

1)                        195,000

<u>3)                                                 140,000</u>

                          55,000

Wages expense account

                          debit                credit

2)                       50,000

Sales revenue account

                          debit                credit

3)                                                250,000

COGS account

                          debit                credit

3)                        140,000

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