At the End of February 2019 and Before the Purchases $\begin{array}{l|l}\text { Accounts Payable } &{\$ 10,000} \\\hline \text { Purchases } & 26,000 \\\hline \text { Freight In } & 300\end{array}$

Short Answer

At the end of February 2019 and before the purchases journal was posted, selected general ledger account balances for Volter Repair Services were as follows (each account had a normal balance):
$\begin{array}{l|l}\text { Accounts Payable } &{\$ 10,000} \\\hline \text { Purchases } & 26,000 \\\hline \text { Freight In } & 300\end{array}$
The purchases journal had the following totals: Purchases, $31,200; Freight In, $2,850; Accounts Payable, $34,050.
Calculate the ending balance of each of the three accounts after the posting from the purchases journal. Indicate whether each balance is a debit or credit.