Ask Question
15 September, 02:15

Which one of the following is a source of cash? A) An increase in accounts receivable B) An increase in fixed assets C) A decrease in long-term debt D) The payment of a cash dividend E) An increase in accounts payable

+1
Answers (1)
  1. 15 September, 03:45
    0
    E) An increase in accounts payable

    Explanation:

    The source of cash means that the cash balance is increased. So in the given question the increase in account payable is considered to be a source of cash as the cash balance is increased while the other transactions like increase in account receivable, increase in fixed assets, decrease in long term debt, payment of a cash dividend leads to decreased in cash balance
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which one of the following is a source of cash? A) An increase in accounts receivable B) An increase in fixed assets C) A decrease in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers