Which one of the following events will decrease the cash balances of a business? The...
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Accounting
Which one of the following events will decrease the cash balances of a business? The following question has more than one correct answer, you need to select all of them to gain marks.
Purchase of stock on credit
Purchase of fixed assets on interest free credit
Increase in trade creditors
Interest paid on the loan
Increase in trade debtors
Creditors paid amounts owed
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