Abbott Company Purchased $6,500 of Merchandise Inventory on Account

Abbott Company purchased $6,500 of merchandise inventory on account. Advent uses the perpetual inventory method. How does this transaction affect the financial statements?

A) Decrease accounts payable and decrease purchases.
B) Increase inventory and increase accounts payable.
C) Increase cost of goods sold and increase accounts payable.
D) Decrease accounts payable and decrease inventory.