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The company quickly acquired $37,000 in inventory, 70% of which was acquired on open accounts that were payable after 30 days. The rest was paid

The company quickly acquired $37,000 in inventory, 70% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. image text in transcribed

Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank

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