Question: For each transaction below, state its impact (increase, decrease or no effect) on both profit and cash. Effect on profit ? Effect on cash ?

For each transaction below, state its impact (increase, decrease or no

For each transaction below, state its impact (increase, decrease or no effect) on both profit and cash. Effect on profit ? Effect on cash ? ? ? ? ? Transactions 1. Repayment of borrowings 2. Making a profitable sale on credit 3. Buying a current asset on credit 4. Receiving cash from a credit customer 5. Depreciating a non-current asset 6. Buying inventory for cash 7. Making a share issue for cash

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