Question 37 2 pts Your company acquires raw materials inventory on account. The vendor expects payment in 30 days. Select the correct impact on your financial statements on the date of purchase. Increase in assets only. Increase in assets and liabilities Increase in liabilities only. Increase in liabilities and a decrease in assets. Decrease in liabilities and a decrease in assets. Increase in equity only. Question 38 2 pts O Ri P DELL