Transaction 2 The company quickly acquired $38,000 in inventory, 70% of which was paid for in cash. The rest was acquired on open accounts that were payable after 30 days. Account: Inventory Dollar amount: 38000 Account: Accounts Payable 26600 11400 Account: Dollar amount: Dollar amount: Dollar amount: Cash Account: Leave Blank Foil1=Leave%20Blank Account: Leave Blank Dollar amount: Foilt=Leave%20Blank Submit Answer Incorrect. Tries 4/5 Previous Tries