100 points Solve for the missing amounts in the T-account given below. Assume th

Question

100 points Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in the account during the month. $5,200.Calculate the cost of supplies used g of the month and $2,900 at the end of the month. The cost of supplies purchased during the month was a. The Supplies account had a balance of $1,850 at the during the month Supplies purchased Ending balance Supplies used b. Wages Payable had a balance of $7,100 at the end of the month. During the month, $41,000 of wages were paid to employees. Wages expense accnued duning the month totaled Payable at the beginning of the month. $42,500. Calculate Wages Wages paid Wages accrued Ending balance MacBook Air 6 7 8 9

Explanation / Answer

Supplies BEG. Balance 1850 Supplies purchased 5200 Supplies used 4150 End. Balance 2900 Wages Payable BEG. Balance 7100 Wages paid 41000 Wages accrued 42500 End. Balance 8600

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