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The company quickly acquired $45,000 in inventory, 60% of which was acquired on open accounts that were payable after 30 days. The rest was paid
The company quickly acquired $45,000 in inventory, 60% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. Account: Cash Dollar amount: 18000 Account: Inventory Dollar amount: 45000 Account: Accounts Payable v Dollar amount: -27000 Account: Leave Blank Dollar amount: Foil1=Leave%20Blank Account: Leave Blank Dollar amount: Foilt=Leave%20Blank Submit Answer Incorrect. Tries 3/5 Previous Tries
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