Finance
This query is : Resolved
11 October 2014
a company took delivery of 50000rs of new inventory and agreed to pay cash to the supplier within 30 days. which of the following items would increase by this inventory purchase transaction? check all that apply.
1. current liability
2. stock holders equity
3. cogs
4. cash from operation
5. inventory
11 October 2014
1. Current liability will increase Rs. 50000 & 2 Stock will increase Rs. 50000
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