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Cash AR Inventory Rent NP RE 1 2 3 4 5 Analyse the following transactions in the accounting equation using the following worksheet. Use the

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Cash AR Inventory Rent NP RE 1 2 3 4 5 Analyse the following transactions in the accounting equation using the following worksheet. Use the names as given in the table above and the amounts as ether +100 or -100 1. Sales of inventory for $20,000 on account: 2. Rent payment made in advance for $1,500 3. Acquire additional inventory for $8,000, paid $2,000 cash with remainder on credit. Your answer cannot exceed 1000 words Your

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