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2. (3 points) Assume that AJP is only related to the credit purchase of inventories and the purchase of inventories is only made on account

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2. (3 points) Assume that AJP is only related to the credit purchase of "inventories" and the purchase of inventories is only made on account from Sep 1st to Dec 31st The balance of AP on Sep 15 is $17000 and on Dec 31st is $17200. The balance of inventory on Sep 1st is $21000 and on Dec 319 is $23000. From Sep 1st to Dec 31st, SS2000 cash is used to reduce accounts payable

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