Which one of the following combination of rules stands true while preparing schedule of changes in...
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Which one of the following combination of rules stands true while preparing schedule of changes in working capital? (A)An increase in current assets increase working capital. (B)An increase in current assets decrease working capital. (C)An increase in current liabilities decreases working capital. (D)An increase in current liabilities increase working capital. Which one of the following combination of rules stands true while preparing schedule of changes in working capital? (A)An increase in current assets increase working capital. (B)An increase in current assets decrease working capital. (C)An increase in current liabilities decreases working capital. (D)An increase in current liabilities increase working capital.
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Related Book For
Focus on Personal Finance
ISBN: 978-0077861742
5th edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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