1 ok int rences Complete Chapter 4's hands-on work, step-by-step activities, and end-of-chapter Exercises, pages 147-205. After completing chapter work and Exercise 4-1, refer to Exercise 4-2's reports to answer the following questions. Required: 1. Why is the balance in Merchandise Inventory different than the balance in Accounts Payable? 2. Type the merchandise inventory balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Type the merchandise inventory balance. Merchandise inventory balance < Required 1 Required 2 Show less A