2. Homework Saved Help Sav Book ences Brief Exercise 2-3 (Algo) T-accounts [LO2-4] The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $185,000 (assume Marchetti uses a perpetual inventory system); (2) paid $48,000 in salaries to employees for work performed during the month, (3) sold merchandise that cost $136,000 to credit customers for $240,000; (4) collected $220,000 in cash from credit customers; and (5) paid suppliers of inventory $165,000. Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero except for cash, accounts receivable, and accounts payable that had opening balances of $69.000, $51,000, and $30,000, respectively (Enter the transaction number in the column next to the amount.) raw Bog bal Cash 69,000 220.000 Accounts receivable Beg bal 48.000 165,000 End bal 75.000 End bal Beg bal Inventory 0 Accounts payable Beg bal 185.000 136.000 < Prev 3 of 9 Next > Beg. bal. (1) Inventory 0 185,000 136,000 Beg. bal. Accounts payable End. bal. 49,000 End. bal Sok HO int E Sales revenue Cost of goods sold Beg. bal. Beg bal fences C End. bal. Beg bal (2) Salaries expense 48,000 End. bal. 48.000 End. bal. Dro 39 Novt