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A company took delivery of $50,000 of new inventory and agreed to pay cash to the supplier within 30 days. Which of the following items
A company took delivery of $50,000 of new inventory and agreed to pay cash to the supplier within 30 days.
Which of the following items would beincreasedby this inventory purchase transaction? (check all that apply)
Current Liabilities
Cash from Operations
Total Stockholders Equity
Inventory
Cost of Goods Sold
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