Question

The manager of Southwest Furniture needs to compute the following amounts:
a. Total cash paid during December.
b. Cash collections from customers during December. Analyze Accounts Receivable.
c. Cash paid on a note payable during December. Analyze Notes Payable. Here’s the additional data you need to analyze the accounts:


Requirement
Prepare a T-account to compute each amount, a throughc.


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  • CreatedJuly 25, 2014
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