(Answered) Discussion topic 1 purchases sales and inventory items

Accounting

Discussion Topic 1: Purchases, Sales, and Inventory Items.

complete E5-17 and E5-19 and post to the discussion board by day 3. Complete all parts of the problems and report back to the group the results of your analysis. Do not forget to show the necessary steps and explain how you attained that outcome. Respond to at least two of your classmates' postings.

Problem E5-17: Journalize, without explanations, the following transactions of Soul Art Gift Shop during the month of February: (pp. 256-264).

Date
Account Title
Debit
Credit
Feb. 3
Inventory
2,000
Accounts Payable

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