The account the following transactions occurred during

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The account: The following transactions occurred during December, the first month of operations for Harris Company. Prepare journal entries and create a T-account for accounts payable that includes the following five transactions.

1. Purchased $500 of inventory on account.

2. Purchased $300 of inventory on account.

3. Paid suppliers $600

4. Purchased $400 of inventory on account.

5. Paid suppliers $300.

Reference no: EM13587713

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