Use the information given below to answer the following 2 questions. ABC Ltd is a newly established business selling computer hardware. Shown below are ledger accounts in T-account form, with entries made for the first month of operations Accounts Receivable (3A)150 000 Inventory (2) 120 000 (3B)100 000 (6) 140 000 (6B) 40 000 Cash (1) 300 000 (2) 120 000 (6A) 60 000 (4) 10 000 (8) 130 000 (5) 1000 (9) 31 500 (10) 190 000 Short-term Investments (10) 190 000 Motor Vehicle (4) 40 000 Accounts Payable (6) 140 000 Short-term Loan (9) 30 000 (4) 30 000 Share Capital (1) 300 000 (8) 130 000 Sales Revenue (3A) 150 000 (6A) 60 000 Cost of Goods Sold (3B)100 000 (6B) 40 000 Advertising Expense (5) 1000 (9) Interest Expense 1500 What does transaction (2) represent? Select one: O a. sale of inventory for cash O b. sale of inventory on credit O c. purchase of inventory for cash O d. purchase of inventory on credit Which transaction represents the acquisition of a non-current asset? Select one: O a. (9) O b. (4) O c. (2) O d