Question: All the following changes in balance sheet items are sources of debt repayment EXCEPT: a. Decrease in accrued expenses b. Increases in taxes payable c.

All the following changes in balance sheet items are sources of debt repayment EXCEPT: a. Decrease in accrued expenses b. Increases in taxes payable c. Decreases in prepaid expenses d. Increases in trade payable.

Identify which of the items are sources and which are uses of funds.

Which item will be a source of debt repayment?

Based on your response, which is the best answer?

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