Question & Answer: The Marchetti Soup Company entered into the following transactions during the month of June (a) purchased inventory on accoun…..

please fill all T accounts

The Marchetti Soup Company entered into the following transactions during the month of June (a) purchased inventory on account for $245,000 (assume Marchetti uses a perpetual inventory systiem) (b) $60,000 in salaries to employees for work performed during the month (c) sold merchandise that cost $160,000 to credit customers for $300,000, (d) collected $280,000 in cash from credit customers, and (e) paid suppliers of inventory $225,000 Post the above transactions in the T-accounts given below Assume that the opening balances in each of the accounts is zero except for cash, accounts recelvable, and accounts payable that had opening balances of $75,000, $63,000, and $42,000, respectively Beg ball Beg ball End. bal End bal Beg bal Beg ball End bal End bal Beg bal Beg bal End. ba End bal Salaries expenise Beg bal End bal