Which account is constantly updated during the year for the perpetual method? Select one: a. Purchases b. Purchase Discounts C. Cost of Goods Sold d. Purchase Returns The purchase of Equipment with cash results in: Select one: a. Total Working Assets Capital Increased Increased b. Total Working Assets Capital Decreased Decreased C. Total Working Assets Capital Unchanged Decreased d. Total Working Assets Capital Unchanged Unchanged e. Total Working Assets Capital Decreased Increased