1:57 A company purchased and received $3,500 worth of goods on credit to be sold in their stores. How would the event be recorded? Multiple Choice O Dr. Expenses $3,500, Cr. Accounts payable $2,500 Dr. Inventory $3,500, Cr. Accounts payable $3,500 the event would be disclosed in the notes to financial statements only Dr. Inventory $3,500, Cr. Expenses $2,500