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Transaction 2 The company quickly acquired $36,000 in inventory, 60% of which was acquired on open accounts that were payable after 30 days. The rest
Transaction 2 The company quickly acquired $36,000 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 Account: Accounts Payable Account: Cash Account: Leave Blank Account: Leave Blank v V v .Tries 4/6 Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: 36000 21600 14400 Foil1=Leave%20Blank Foil1=Leave%20Blank Account: Cash Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank Account: Account: Account: Account: Account: tal
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