Which of the following would result in an increase in cash?
A) Inventory is purchased using funds from a new equity issue.
B) A long-term bank loan is obtained.
C) Existing accounts receivable are written off, that is, considered uncollectible.
D) A firm reduces its inventory loan at the bank in order to free up a trust receipt.
E) Accrued liabilities decrease.
Correct Answer:
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