The Rebecca Company acquired merchandise inventory costing $10,000 on September 1. - 12538

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The Rebecca Company acquired merchandise inventory costing $10,000 on September 1. The company will not pay for the inventory until October 1. This transaction will affect the Rebecca Company by increasing the Merchandise Inventory account by $10,000 and _____. 

A. decreasing the Capital account by $10,000 

B. increasing the Capital account by $10,000 

C. increasing the Accounts Payable account by $10,000 

D. decreasing the Accounts Payable account by $10,000 

 
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