Question: True or False ? Cash 0 = + long-term debt 100 + equity 100 + accounts payable 100 accounts receivable 0 inventory 100 fixed assets
True or False ?
| Cash 0 = + long-term debt 100 + equity 100 + accounts payable 100 accounts receivable 0 inventory 100 fixed assets 200 The company is using a conservative financing strategy |
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