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On January 6, the company purchased 500 items into inventory for $5 per item. This is recorded as a debit to Inventory for $2,500 (500
On January 6, the company purchased 500 items into inventory for $5 per item. This is recorded as a debit to Inventory for $2,500 (500 items * $5/item) and a credit to Accounts Payable for $2,500. why is this account payable and not cash
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Human Resource Management
Authors: Robert L. Mathis, John H. Jackson
13th Edition
053845315X, 978-0538453158
