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The company quickly acquired $42,000 in inventory, 30% of which was acquired on open accounts that were payable after 30 days. The rest was paid
The company quickly acquired $42,000 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: Cash 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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