MCQOPTIONS
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| 1. |
If the following are balance sheet changes:Rs. 5,005 decrease in accounts receivableRs. 7,000 decrease in cashRs. 12,012 decrease in notes payableRs. 10,001 increase in accounts payablea "use" of funds would be the: |
| A. | Rs. 7,000 decrease in cash. |
| B. | Rs. 5,005 decrease in accounts receivable. |
| C. | Rs. 10,001 increase in accounts payable. |
| D. | Rs. 12,012 decrease in notes payable. |
| Answer» E. | |