When an increase in cash occurs,it ensues from
A)increases in assets.
B)increases in liabilities.
C)increases in paid-in-capital.
D)both A and B
E)both B and C

Name: When an increase in cash occurs,it ensues from A)increases in assets. B)increases in liabilities. C)increases in paid-in-capital. D)both A and B E)both B and C
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Question

Quizplus · Accepted Answer

An increase in cash can result from an increase in liabilities (borrowing money) or an increase in paid-in-capital (issuing stock).

When an Increase in Cash Occurs,it Ensues from