hw2.3)

All Natural Company purchased inventory on account in the amount of $1,000. Then, All Natural sold the inventory to a customer for $1,600. All Natural extended credit to this customer. In other words, the sale was made on account. Related to these two transactions, how much did All Natural record as accounts payable? How much did All Natural record as accounts receivable? All Natural recorded Sas an accounts payable for the purchase of inventory. All Natural recorded S receivable for the sale of the inventory. as an accounts