Required information [The following information applies to the questions displayed below.) The following transactions occur...
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Required information [The following information applies to the questions displayed below.) The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $24,000 and receive cash. b. Purchase office supplies on account for $14,000. c. Pay $5,800 in salaries to employees for work performed during the month. 3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero. Cash Service Revenue Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 Supplies Accounts Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. 0 Salaries Expense Beg. Bal. End. Bal. 0 Prey 3 of 10 Next
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