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During? July, the following transactions? occurred:
July 1 - Purchased? $11,600 of merchandise on account.
July 10 - Purchased? $1,200 of merchandise with cash.
July 15 - Purchased? $1,700 of office supplies on account.
July 20 - Made a payment of? $5,200 on accounts payable.
July 30 - Purchased? $600 of office supplies with cash.
Problem 1: Assume a perpetual inventory system is used. What would be the amount to debit as a posting to Accounts Payable from the cash payments journal at the end of the? month?
envision inc. purchased 3800 shares of common stock for the treasury at 17 per share. a month later envision sold 2100
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