The Marchetti Soup Company entered into the following transactions during the month of June ( purchansed wwentory on account for $205,000 (assume Marchetti uses a perpetual inventory system), (2) paid...

Extracted text: The Marchetti Soup Company entered into the following transactions during the month of June ( purchansed wwentory on account for $205,000 (assume Marchetti uses a perpetual inventory system), (2) paid $52.000 in salanes to employees tor work pertomed dunng the month; (3) sold merchandise that cost $144,000 to credit customers for $260,000, (4) collected $240,000 in cash trom ereda customers, and (5) paid suppliers of inventory $185,000. Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts in zero except for cash, accounts receivable, and accounts payable that had opening balances of $71,000, $55,000, anvd $34,000, respectively. (Enter the transaction number in the column next to the amount.) Beg bal Beg bat End bal. End. bal. Inventory Accounts payable Beg. bal Beg bal End, bal End. bal.