Question: Which of the following will decrease working capital? a. Purchase of a new computer with cash b. Collection of accounts receivable c. Payment of salaries

Which of the following will decrease working capital?

a. Purchase of a new computer with cash

b. Collection of accounts receivable

c. Payment of salaries payable

d. Purchase of merchandise on credit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

ACC244-Financial Accounting FALL 2019 Ch10 & 11-Graded Homework Assignment 1. How would you best categorize in the 2016 financial statements the $2.7 million in unexpired and unredeemed gift...

Q:

Which of the following will decrease working capital? a.) Purchase of merchandise on credit b.) Collection of accounts receivable c.) Purchase of a new computer with cash d.) Payment of salaries...

Q:

1. Commercial paper is issued by a. large firms with excellent credit ratings b. all firms c. the federal government d. small firms with excellent credit ratings 2. A financial lease is similar to an...

Q:

I would like help to this Accounting Homework assignment. Its due in 3 hours. Thank you in advance. Question 1 Which account below should be debited to record the purchase of merchandise for resale...

Q:

I am going to give this one more try. On Monday I used this and got an F on my assignment. :( Please only accept if accounting is your fortay because it isn't mine. I have attached the documents...

Q:

I am going to give this one more try. On Monday I used this and got an F on my assignment. :( Please only accept if accounting is your fortay because it isn't mine. I have attached the documents...

Q:

I need help specifically in: 1. calculating3 ratios that are missing (Tab 2 highlighted yellow), I can't figure those out to match. 20X5 numbers I have to input myself from theother source. 2....

Q:

of the A Total each of the columns post the appropriate totals to the general ledger. (Because the problem does no ns related to cash receipts, the cash account in the ledger will have a credit...

Q:

answer problem 3,4 and 5 PR 5-5A All journals and general ledger; trial balance s month The transactions completed by Revere Courier Company during December, the first mon of the fiscal year, were as...

Q:

Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2019. Estimated Balance Sheet Assets Cash $...

Q:

Thin lenses. Object O stands on the central axis of a thin symmetric lens. For this situation, each problem in Table 34-6 gives object distance p (centimeters), the type of lens (C stands for...

Q:

Can an object have zero acceleration and nonzero velocity at the same time? Give examples.

Q:

3-4 How is the sales forecast for an assembly translated into the demand it generates for various factors of production?

Q:

Which project management tool uses the analogy "skateboard - bicycle - motorcycle - car"? Group of answer choices Scrum Waterfall Fate - Gate Star - gate

Q:

What are some problems and opportunities related to smalland medium-sized businesses in the global environment?

Q:

What are factors to consider in global employee and labor relations?

Q:

What is the general process for selecting expatriates?