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Transaction 2 The company quickly acquired $35,000 in inventory, 60% of which was acquired on open accounts that were payable after 30 days. The rest

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Transaction 2 The company quickly acquired $35,000 in inventory, 60% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. Account: Inventory Dollar amount: 35000 Account: Cash Dollar amount: 14000 Account: Accounts Payable Dollar amount: 21000 Account: Leave Blank Dollar amount: Foil1=Leave%20Blank Account: Leave Blank Dollar amount: Foil1=Leave%20Blank

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