If a company purchases inventory with cash, does the total asset balance change ? Explain

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 19Q: We record purchases of inventory for cash in which journal(s)?
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If a company purchases inventory with cash, does the total asset balance change ? Explain briefly.

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