Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record...

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Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Cash is $9,900 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $21,400 Accounts and Explanation Date Mar 9 Mar 10 Mar Retained Earnings Cash Consumed good or service and paid expense with cash Cash Inventory Retained Earnings Sold and delivered product to customer Cash Retained Earnings Sold, delivered, and received payment for service with no clear associated cost What is the final amount in Retained Earnings? Note: No unit adjustments are necessary. Debit Credit 3 40 25 3 32 25 Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Cash is $9,900 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $21,400 Accounts and Explanation Date Mar 9 Mar 10 Mar Retained Earnings Cash Consumed good or service and paid expense with cash Cash Inventory Retained Earnings Sold and delivered product to customer Cash Retained Earnings Sold, delivered, and received payment for service with no clear associated cost What is the final amount in Retained Earnings? Note: No unit adjustments are necessary. Debit Credit 3 40 25 3 32 25

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