Question: seems like you just copy and paste previous answer..... do you see the utilities expense is 5600? just copy and paste previous answer, so stupid
J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort. Li's Tennis Shop using a perpetual inventory system At the beginning of the current season, the ledger of Li's Tennis Shop showed Cash $2,800, Accounts Receivable $3,100. Merchandise Inventory $2,200, Accounts Payable \$3,900 and Share Capital-Ordinary \$4,200 The following transactions were completed during April. April 4 Purchased racquets and balls from a new supplier, Wellman Co., $2000, FOB shipping point, terms 4/10, n/30, April 6Paid freight on purchase from Wellman Co. \$80. ** do not input comma ",", dollar sign " 5 " for numerical figures, for five thousand ollars, just input 5000 , otherwise, no marks will be awardedi At the beginning of April 7: The balance of the Merchandise Inventory account $[A ]. The balance of Cash account is $[B] The balance of the Accounts Payable account \$ [C]. April 10 Received credit of $100 from Wellman Co. for a racquet that was returned. Aprill 14 Paid Wellman Co. in fulli. At the beginning of April 15: The balance of the Merchandise inventory account \$ [D]. The balance of Cash account is $[E] The balance of the Accounts Payable account $[F ]. April 16 Half of the goods purchased from Wellman Co was sold for cash $2800. At the beginning of April 17: The balance of the Merchandise Inventory account $[G]. The balance of Cash account is $[H] J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort. Li's Tennis Shop using a perpetual inventory system At the beginning of the current season, the ledger of Li's Tennis Shop showed Cash $2,800, Accounts Receivable $3,100. Merchandise Inventory $2,200, Accounts Payable \$3,900 and Share Capital-Ordinary \$4,200 The following transactions were completed during April. April 4 Purchased racquets and balls from a new supplier, Wellman Co., $2000, FOB shipping point, terms 4/10, n/30, April 6Paid freight on purchase from Wellman Co. \$80. ** do not input comma ",", dollar sign " 5 " for numerical figures, for five thousand ollars, just input 5000 , otherwise, no marks will be awardedi At the beginning of April 7: The balance of the Merchandise Inventory account $[A ]. The balance of Cash account is $[B] The balance of the Accounts Payable account \$ [C]. April 10 Received credit of $100 from Wellman Co. for a racquet that was returned. Aprill 14 Paid Wellman Co. in fulli. At the beginning of April 15: The balance of the Merchandise inventory account \$ [D]. The balance of Cash account is $[E] The balance of the Accounts Payable account $[F ]. April 16 Half of the goods purchased from Wellman Co was sold for cash $2800. At the beginning of April 17: The balance of the Merchandise Inventory account $[G]. The balance of Cash account is $[H]
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