Your company buys $1,000 worth of inventory (increase asset) and promises to pay at the end of the month (increase liability). You will debit (Cash Accounts, Payable Inventory, or Stockholders' Equity) for $1,000 and credit (Cash Accounts, Payable Inventory, or Stockholders' Equity) for $1,000. Your company buys $1,000 worth of inventory (increase asset) and pays cash (decrease asset). You will debit (either Cash Accounts, Payable Inventory, or Stockholders' Equity) for $1,000 and credit ( either Cash Accounts, Payable Inventory, or Stock holders' Equity) for $1,000. can you please explain why you picked it!!! im struggling really hard with the section and I have a lot of questions just like this one