Question: Question 3 ( 1 point ) Saved What is the effect of the following business activity on the element indicated? Purchased inventory for cash, $

Question 3(1 point)
Saved
What is the effect of the following business activity on the element indicated? Purchased inventory for cash, $2,560.--- Liabilities
decrease
increase
no effect
increase to one and decrease to another
Question 3(1 point) Saved What is the effect of the following

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