If the following are balance sheet changes:
Posted: Tue Mar 08, 2022 1:23 pm
If the following are balance sheet changes:
$5,005 decrease in accounts receivable
$7,000 decrease in cash
$12,012 decrease in notes payable
$10,001 increase in accounts payablea "use" of funds would be the:
A. $7,000 decrease in cash
B. $5,005 decrease in accounts receivable
C. $10,001 increase in accounts payable
D. $12,012 decrease in notes payable
$5,005 decrease in accounts receivable
$7,000 decrease in cash
$12,012 decrease in notes payable
$10,001 increase in accounts payablea "use" of funds would be the:
A. $7,000 decrease in cash
B. $5,005 decrease in accounts receivable
C. $10,001 increase in accounts payable
D. $12,012 decrease in notes payable