Accountancy, asked by nishumb143, 1 month ago

increase in current liability will

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Answered by malvey2784
2

Answer:

Any increase in liabilities is a source of funding and so represents a cash inflow: Increases in accounts payable means a company purchased goods on credit, conserving its cash. ... Decreases in accounts payable imply that a company has paid back what it owes to suppliers.

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