高階BAFS-AEQN-015
A credit purchase of inventory:
A. Increases cash and increases capital
B. Decreases liabilities
C. Is recorded only when the supplier is paid
D. Increases inventory and increases trade payables✓ 答案
解說
On credit, the firm receives inventory and owes the supplier. Cash does not move until payment. Accrual records the purchase when it happens, not only when cash is paid.