Which of the following is not application of cash?
A)increase in debtors
B)increase in inventory
C)increase in bills payable
D)increase in prepaid expenses

Name: Which of the following is not application of cash? A)increase in debtors B)increase in inventory C)increase in bills payable D)increase in prepaid expenses
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Question

Quizplus · Accepted Answer

An increase in bills payable does not represent an application of cash; instead, it indicates an increase in the company's liabilities without an immediate outflow of cash.

Which of the Following Is Not Application of Cash