Question: 200 points Save Answer Question 1 The following information is given at the beginning of December. Debit Credit Cash $65,500 $17,000 nts receivables $5,000 Allowance
200 points Save Answer Question 1 The following information is given at the beginning of December. Debit Credit Cash $65,500 $17,000 nts receivables $5,000 Allowance for uncollectible accounts $5.400 Inventory (900 units at S6) $24,200 Accounts payable $43,000 Common stock Retained earnings $15,700 Total $87,900 $87,900 Enter the beginning balance for each account in the T-accounts (General Ledger) tab in the excel template file Required: #1 "Accounting Cycle Project 2 Excel Template.xlsx" Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file Accounting Cycle Project 2 Excel Template.xisx". Use the following accounts as appropriate: Cash, Accounts Save and Submit Click Save and Submit to save and submit. Click Save AllAnswers to save all answers. Save All Answers Save and Subm
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