English, asked by anilmukesh250, 4 months ago

application of funds​

Answers

Answered by joinanu14
1

Answer:

Any of six results of spending money. Spending money can result in a loss, an increase in current assets (other than cash), an increase in non-current assets, a decrease in current liabilities, a decrease in non-current liabilities, or a decrease in shareholders' equity.

Answered by jackiemehra20
0

A company's financial statement with details of where money has come from and how it has been spent during a particular period: A source and application of funds statement is usually produced to show the various sources of funds received during the period in question and how those funds have been spent.

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