Ly A Moving to another question will save this response. Question 6 When inventory is bought using the perpetual system, the following will occur in the accounting equation if it was purchased on credit. O Assets decrease, owners' equity increase O Assets increase, and liabilities increase O Owners' equity decrease, and liabilities increase O Assets increase, and liabilities decrease O Owners' equity increase and liabilities increase A Moving to another question will save this response. Desktop Type here to search O E