A company purchased inventory on account. If the perpetual inventory system is used, which of the following choices accurately reflects how the purchase affects the company's financial statements? 
Definitions:
Gratitude
A feeling of thankfulness and appreciation, often expressed towards others.
Inherited Traits
Characteristics, qualities, or features passed down from one generation to the next through genes.
Evolutionary Psychology
An approach grounded in both the social and natural sciences that investigates the psychological framework through the lens of contemporary evolutionary theory.
Dangerous Situations
Situations that pose a threat to the safety or well-being of individuals or groups.
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