Question: Reconstruct the journal entries (omit explanations) that resulted in the postings to the following T-accounts of a small fruitwholesaler: Cash Accounts Payable Paid-in Capital (a)

Reconstruct the journal entries (omit explanations) that resulted in the postings to the following T-accounts of a small fruitwholesaler:

Cash Accounts Payable Paid-in Capital (a) 50,000 (e 18,000 (e) 18,000()80,000 (a) 50,000 Accounts Receivable (c) 110,000 Inventory Cost of Goods Sold Sales Revenue (b) 80,000 (d) 68,000 d 68,000 (c) 110,000

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