Which of the following will cause a decrease in cash? Increase in A/P Decrease in A/P Increase in inventory Answers a and c Answers b and c

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter22: Providing And Obtaining Credit
Section: Chapter Questions
Problem 5Q: Indicate by a (+), (), or (0) whether each of the following events would most likely cause accounts...
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5) Which of the following will cause a decrease in cash?

  1. Increase in A/P
  2. Decrease in A/P
  3. Increase in inventory
  4. Answers a and c
  5. Answers b and c 

 

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