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  3. supplier sold inventory to pipeweld ltd valued at

supplier sold inventory to Pipeweld Ltd valued at $10,000. Pipeweld Ltd paid half in cash...

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Accounting

supplier sold inventory to Pipeweld Ltd valued at $10,000. Pipeweld Ltd paid half in cash and received 30 days' credit for the balance owing. How will this be recorded in the worksheet of Pipeweld Ltd? increase cash $10,000; increase accounts receivable $5,000, increase sales $5,000 increase cash $5,000, increase accounts receivable $5,000; increase inventory $10,000 increase inventory $10,000; increase accounts payable $5,000, decrease cash $5,000 decrease accounts payable $5,000, increase cash $5,000; decrease inventory $10,000

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