On July 6, 2023, Zirkle Company purchased $1,700 of inventory on account from Graves Company. This transaction on July 6 caused Zirkle Company's inventory account to increase by $1,700 and the accounts payable account to increase by $1,700. On July 14, 2023, Zirkle Company paid Graves Company $1,700 on account for the inventory purchased previously. On July 14, Zirkle Company's: Inventory increased by $1,700, and accounts payable decreased by $1,700. Inventory decreased by $1,700, and accounts receivable decreased by $1,700. Accounts payable increased by $1,700, and cash decreased by $1,700. Accounts receivable increased by $1,700, and cash decreased by $1,700. Inventory increased by $1,700, and cash decreased by $1,700. Inventory decreased by $1,700, and accounts payable decreased by $1,700. O Accounts payable decreased by $1,700, and cash decreased by $1,700. Accounts receivable decreased by $1,700, and cash decreased by $1,700.

On July 6, 2023, Zirkle Company purchased $1,700 of inventory on account from Graves Company. This transaction on July 6 caused Zirkle Company's inventory account to increase by $1,700 and the accounts payable account to increase by $1,700. On July 14,2023 , Zirkle Company paid Graves Company $1,700 on account for the inventory purchased previously. On July 14, Zirkle Company's: Inventory increased by $1,700, and accounts payable decreased by $1,700. Inventory decreased by $1,700, and accounts receivable decreased by $1,700. Accounts payable increased by $1,700, and cash decreased by $1,700. Accounts receivable increased by $1,700, and cash decreased by $1,700. Inventory increased by $1,700, and cash decreased by $1,700. Inventory decreased by $1,700, and accounts payable decreased by $1,700. Accounts payable decreased by $1,700, and cash decreased by $1,700. Accounts receivable decreased by $1,700, and cash decreased by $1,700