What impact does an increase in a liability account have on a companys cash flow? a) Cash

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What impact does an increase in a liability account have on a company’s cash flow?

a) Cash flow increases by the same amount.

b) Cash flow is not affected.

c) The impact on cash flow is unpredictable

d) Cash flow decreases by the same amount.

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Dec 30, 2022 10:15 PM

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What impact does an increase in a liability account have on a companys cash flow? a) Cash

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The detailed answer for the above question is provided below The correct answer is option a Cash f... View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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