A company took delivery of 50000 of new inventory and, Ask an Expert

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A company took delivery of $50,000 of new inventory and agreed to pay cash to the supplier within 30 days. Which of the following items would be increased by this inventory purchase transaction? (check all that apply) 1)Accounts Receivable 2)Retained Earnings 3)Accounts Payable 4)Cost of Goods Sold 5)Total Assets

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91796794

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