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Question 2 of 2: What will happen to this Balance Sheet when the company purchases inventory of 30 with a credit card? You have 2

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Question 2 of 2: What will happen to this Balance Sheet when the company purchases inventory of 30 with a credit card? You have 2 attempts. Assets Liabilities Current assets Current liabilities Cash 110 Accounts payable 30 Inventory 80 Non-current liabilities Accounts receivable 45 Bank loan 85 Non-current assets Plant and equipment 190 250 Shareholder's equity Common shares Retained earnings Revenues Cost of sales Expenses 150 -75 - 15 60 Total assets 425 Total liabilities and shareholders' equity 425

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