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  1. business
  2. accounting
  3. in cash flow: 1 an increase in an asset represents

In Cash Flow: 1 An increase in an asset represents an outflow of cash 2...

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Accounting

In Cash Flow: 1 An increase in an asset represents an outflow of cash 2 An increase in a liability represents an inflow of cash 3 An increase in a liability represents an outflow of cash 4 An increase in an asset represents an inflow of cash 5 A decrease in an asset represents an inflow of cash 6 A decrease in a liabilty represents an inflow of cash 7 A decrease in a liability represents an outflow of cash 8 A decrease in an asset represents an outflow of cash In respect of the 8 statements above which of the following combination is true? A 1 and 6 B 4 and 6 C 3 and 4 D 5 and

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