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help me with these questions please Brown Corp purchased inventory on account. This transaction will affect: Only the income statement The balance sheet and the

help me with these questions please

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Brown Corp purchased inventory on account. This transaction will affect: Only the income statement The balance sheet and the income statement Only the balance sheet The income statement and the statement of retained earnings Brown Corp reports the following financial data for the current year: $13,065$12,000$12,540$12,875 Shareholders' equity is not affected when: the company pays a portion of an account payable. the company pays expenses. shareholders invest money in the company. the company performs services for cash

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