Which of the following transactions would cause a change in the amount of a company's working capital?
A)Collection of an account receivable
B)Payment of an account payable
C)Borrowing cash over a 60-day period
D)Selling merchandise at a price above its cost

Question

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The Answer of Which of the following transactions would cause a change in the amount of a company's working capital?
A)Collection of an account receivable
B)Payment of an account payable
C)Borrowing cash over a 60-day period
D)Selling merchandise at a price above its cost

Which of the Following Transactions Would Cause a Change in the Amount