E7.3 Inventory and Transactions Match the following transaction descriptions with the order in which the transactions typically would be recorded. Transaction Descriptions a. Records our obligation to pay the vendor for the products (Accounts Payable) b. Records our order of products from vendors. c. Records resale of product to customer and the customer's promise to pay later (Accounts Receivable) d. Records customer's payment in the bank account, used only if Undeposited Funds is selected on the receive Payment form. e. Records collection of the customer's payment. 1. Pays vendors for products received. Transaction Order 1. 2. 3. 4. 5. 6