When a company buys inventory for cash, total assets do not change. But when it buys inventory
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"When a company buys inventory for cash, total assets do not change. But when it buys inventory on open account, total assets increases." Explain.
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Related Book For 
Introduction To Financial Accounting
ISBN: 9780139059933
7th Edition
Authors: Charles T. Horngren, Gary L. Sundem, John A. Elliott
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