Question: answer and explain please. thanks. E13.2B (Lo 1) (Accounts and Notes Payable) The following are selected 2020 transactions of Palmeiro Corporation: Sept. 1 Purchased inventory

answer and explain please. thanks. E13.2B (Lo 1) (Accounts and Notes Payable) The following are selected 2020 transactions of Palmeiro Corporation: Sept. 1 Purchased inventory from Ripken Company on account for $ \$ 125,000 $. Palmei 2 answers

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