[ad_1] · Burton Company purchased goods for resale. Burton Company paid some cash for the purchase and the remainder was put on the company’s credit accounts with its suppliers. What is the effect of this transaction on the accounting equation?
[ad_1] · Burton Company purchased goods for resale. Burton Company paid some cash for the purchase and the remainder was put on the company’s credit accounts with its suppliers. What is the effect of this transaction on the accounting equation?