is the major operating activity that decreases cash.
A) Purchases of inventory on account
B) Equipment purchases
C) Advance payments for rent
D) Payments for inventory purchases

Name: is the major operating activity that decreases cash. A) Purchases of inventory on account B) Equipment purchases C) Advance payments for rent D) Payments for inventory purchases
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Question

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Payments for inventory purchases decrease cash as they involve an outflow of cash to acquire goods for resale.

Is the Major Operating Activity That Decreases Cash