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The company quickly acquired $42,000 in inventory, 70% of which was paid for in cash. The rest was acquired on open accounts that were payable
The company quickly acquired $42,000 in inventory, 70% of which was paid for in cash. The rest was acquired on open accounts that were payable after 30 days. I know that the inventory should be 42000but what should be the dollar amount of cash and accounts payable Transaction 2 The company quickly acquired $42,000 in Account: Inventory Account: Cash Account: Acceunts Payable ve tory, 70% of which was paid for n cash. The rest was acquired on open accounts that were payable after30 days, Dollar amount: 42000 Dollar amount: 12000 Dollar amount: 29400 Dollar amount: Dollar amount: Account: Leave an Dollar amount: Faew.oman FeinLeave%20Bank Account: Leave Blank Fan-Leave%20Bank
I know that the inventory should be 42000but what should be the dollar amount of cash and accounts payable
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