Question: Which statement is wrong? 1. When a company pays its debts cash decreases. 2. When a company sells goods cash/bank decreases. 3. When a company

Which statement is wrong?

1. When a company pays its debts cash decreases.

2. When a company sells goods cash/bank decreases.

3. When a company takes a loan, cash/bank increases.

4. When a company buys items of property, plant, equipment, cash/bank decreases.

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