Which of the following increases cash?
A) a decrease in current assets other than cash.
B) an increase in fixed assets.
C) an increase in current liabilities.
D) a decrease in current assets other than cash and an increase in current liabilities.
E) None of these.

Question

Quizplus · Accepted Answer

An increase in current liabilities increases cash. A decrease in current assets other than cash also increases cash, because it means that the company has sold off some of its inventory or other current assets for cash.

Which of the Following Increases Cash