Economics · Accounting
In which of the following cases will there be a 'flow of funds' (change in working capital)? A. Purchase of furniture for cash B. Payment of outstanding wages in cash C. Purchase of building by issue of shares D. Payment to a creditor by issue of debentures E. Cash collection from debtors Choose the correct answer from the options given below:
- 1A and D only
- 2C, D and E only
- 3A, D and E only
- 4A, B and C only✓
Correct answer
A, B and C only
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