Accountancy, asked by monikashivam8, 1 month ago

Liabilities increases by ​

Answers

Answered by xxblackqueenxx37
240

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The primary reason that an accounts Liabilities increase occurs is because of the purchase of inventory. When inventory is purchased, it can be purchased in one of two ways. The first way is to pay cash out of the remaining cash on hand. The second way is to pay on short-term credit through an accounts payable method.

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Answered by Anonymous
20

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The primary reason that an accounts Liabilities increase occurs is because of the purchase of inventory. When inventory is purchased, it can be purchased in one of two ways. The first way is to pay cash out of the remaining cash on hand. The second way is to pay on short-term credit through an accounts payable method.

hope it was helpful to you

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