Satoor, Inc

Satoor, Inc.Satoor, Inc., which uses a periodic inventory system, purchased merchandise from Taye Company on July 7 for $15,000. The credit terms were 1/10, n/30. The goods were shipped FOB shipping point on July 7. Satoor, Inc. received the merchandise on July 10 and paid the amount due on July 15.
-Refer to the information provided for Satoor, Inc. What effect does recording the purchase of merchandise on July 7 have on the buyer's accounting equation?

A) assets and liabilities increase
B) liabilities increase and stockholders' equity decreases
C) assets and stockholders' equity increase
D) liabilities and stockholders' equity decrease