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Based on the above transactions, fill in the blanks. 1. After all transactions have been posted, accounts receivable balance is Blank 1. 2. After all transactions have been posted, accounts payable balance is Blank 2. 3. After all transactions have been posted, cash balance is Blank 3. 4. After all transactions have been posted, sales balance is Blank 4. 5. After all transactions have been posted, sales discount balance is Blank 5. 6. After all transactions have been posted, merchandise inventory balance is Blank 6. 7. After all transactions have been posted, cost of goods sold balance is Blank 7. 8. After all transactions have been posted, sales returns and allowances balance is Blank 8. 9. After all transactions have been posted, total assets amount to Blank 9. 10. After all transactions have been posted, total transportation costs chargeable to operating expense of Menard is Blank 10. DATE ACCOUNT TITLE DEBIT CREDIT July 3 Merchandise inventory 15000 Accounts payable -OLB Coro 15000 7 Accounts receivable Brico 11500 sales revenue 11500 cost of goods sold 7750 Merchandise inventory 7750 10 Merchandise inventory 14200 Accounts payable -Rupert co. 14200 11 Freight outward 300 cash 300 12 Sales return and allowance 2000 Accounts receivable - Brill.co. 2000 Merchandise inventory 1450 Cost of goods sold 1450 14 Accounts payable -Rupert co 1200 Merchandise inventory 1200 15 Accounts payable -OLB Corp 200 cash 200 17 cash 9310 Sales discount (95009296) 190 Accounts receivable - Brico.[11500-2000) 9500 20 13000 Accounts payable -Rupert Co. (14200-1200) Merchandise inventory (130009196) 130 cash 12870 21 Accounts receivable -Brown co 11000 sales revenue 11000 cost of goods sold 7000 Merchandise inventory 7000 24 sales return and allowance 1000 Accounts receivable -Brown co 1000 30 cash 9900 sales discount [10000996) 100 Accounts receivable-Brown co [11000-1000] 10000 31 Accounts payable-OLB Corp (15000-2001 14800 cash 14800

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