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The company quickly acquired $40,000 in inventory, 30% of which was acquired on open accounts that were payable after 30 days. The rest was paid

The company quickly acquired $40,000 in inventory, 30% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash.

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

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