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Transaction 2 The company quickly acquired $41,000 in inventory, 70% 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 $41,000 in inventory, 70% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. Account: Cash Dollar amount: 12300 Account: Inventory Dollar amount: 41000 Account: Accounts Payable Dollar amount: 27700 Dollar amount: Account: Leave Blank Foil1=Leave%20Blank Dollar amount: Account: Leave Blank Foil1=Leave%20Blank Submit Answer Incorrect. Tries 2/5 Previous Tries Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank

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