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From the vendors perspective what are two T accounts? What two accounts are affected for the vendor?

From the vendors perspective what are two T accounts? What two accounts are affected for the vendor?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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From the vendors perspective what are two T accounts? What two accounts are affected for the vendor?
- 39% G J K P. R. RECEIPT Date July 21, 20XX Receipt No. 000595 Received From Bill Smith Amount %24 125.00 Amount One hundred and twenty five dollars Paid By Cash For Jewelry repair/Invoice 101 x Check # 1259 Money Order Received By Gates Gems 111 Main Street Current Balance $ 125.00 Anytown, USA 12345 Payment Amount $ Balance Due $ 125.00
Transcribed Image Text:- 39% G J K P. R. RECEIPT Date July 21, 20XX Receipt No. 000595 Received From Bill Smith Amount %24 125.00 Amount One hundred and twenty five dollars Paid By Cash For Jewelry repair/Invoice 101 x Check # 1259 Money Order Received By Gates Gems 111 Main Street Current Balance $ 125.00 Anytown, USA 12345 Payment Amount $ Balance Due $ 125.00
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