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Transaction 2 The company quickly acquired $36,000 in inventory, 50% of which was paid for in cash. The rest was acquired on open accounts that

Transaction 2 The company quickly acquired $36,000 in inventory, 50% of which was paid for in cash. The rest was acquired on open accounts that were payable after 30 days. Dollar amount: Account: Dollar amount: Account: Account: Dollar amount: Dollar amount: Account: Dollar amount: Account

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