Graves Company bought supplies on credit, $1,800. What are the effects on the fundamental accounting equation?

Question

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When Graves Company buys supplies on credit for $1,800, its assets (supplies) increase by $1,800 because it now has more supplies. At the same time, its liabilities increase by $1,800 because it owes this amount to the supplier. There is no immediate effect on owner's equity from this transaction.

Graves Company Bought Supplies on Credit, $1,800