Which of the following is a non-cash working capital account?
A) fixed assets
B) long-term borrowings
C) trade and other payables
D) retained earnings

Question

Quizplus · Accepted Answer

Trade and other payables are a non-cash working capital account because they represent amounts that a company owes to its suppliers or creditors, which do not require an immediate cash outlay until the payment is due.

Which of the Following Is a Non-Cash Working Capital Account