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The following transactions occurred during December, the first month of operations for Harris Company. Prepare journal...

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Accounting

The following transactions occurred during December, the firstmonth of operations for Harris Company. Prepare journal entries andcreate a T-account for accounts payable that includes the followingfive transactions.

1Purchased $1,100 of inventory on account.
2Purchased $900 of inventory on account.
3Paid suppliers $1,200.
4Purchased $1,000 of inventory on account.
5Paid suppliers $900.

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Journal entries in the books of Harris company Date General journal debit credit 1 purchasesinventory 1100 Accounts payable 1100 To record of inventory purchased on account 2 purchases 900 Accounts payable 900 To record of    See Answer
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