Accountancy, asked by ameetoberoi121, 13 days ago

how increase in current liabilities is inflow of cash.?​

Answers

Answered by DynamiteAshu
9

Answer:

On the other hand, if a current liability item such as accounts payable. Accounts payables are increases, this is considered a cash inflow because the company has more cash to keep in its business. This is then added to net income.

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