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please solve final answer only The bookkeeper for Galloway Paints made the following journal entry to record a transaction that took place on April 23.

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The bookkeeper for Galloway Paints made the following journal entry to record a transaction that took place on April 23. Year 2: Debit Credit Inventory 24,000 Accounts Payable 19,000 Cash 5.000 This transaction involves Sale of inventory by Galloway for $24,000 O Galloway's collection of 55,000 on an account payable Payment of 55,000 cash by Galloway A $24,000 overall increase in Galloway's assets

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