Kаprаl Cоmpаny purchased gооds on account with a cost of $1,000 on July 24, terms 2/10, net/30. In the tabular analysis that follows, the purchase on July 24 is recorded as Assets = Liabilities + Stockholders' Equity Retained Earnings Cash + Accounts Receivable + Inventory = Accounts Payable + Common Stock + Rev. - Exp. - Div.