CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

Payment of expenses in cash will ___ the assets



Your Answer
A

Increase

Correct Answer
B

Decrease

Your Answer
C

Overstate

Your Answer
D

It will remain unaffected


Solution

The correct option is B

Decrease


Payment of expenses in cash would result in a decrease in cash i.e. assets of the business.

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More


People also searched for
View More



footer-image