The company quickly acquired $39,000 in inventory, 30% of which was paid for in cash....
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Accounting
The company quickly acquired $39,000 in inventory, 30% of which was paid for in cash. The rest was acquired on open accounts that were payable after 30 days.
options for account: 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: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
Account: Dollar Amount:
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