Which of the following type of transaction will NOT cause a business cash inflow?
A) decrease in assets other than cash.
B) increase in liabilities.
C) decrease in liabilities.
D) increase in owner's equity.

Name: Which of the following type of transaction will NOT cause a business cash inflow? A) decrease in assets other than cash. B) increase in liabilities. C) decrease in liabilities. D) increase in owner's equity.
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Question

Quizplus · Accepted Answer

a decrease in a liability will create a cash outflow, as the liability is repaid

Which of the Following Type of Transaction Will NOT Cause