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    Exam 9: Reporting and Interpreting Liabilities
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    Which of the Following Results in a Decrease in Working
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Which of the Following Results in a Decrease in Working

Question 3

Question 3

Multiple Choice

Which of the following results in a decrease in working capital?


A) Supplies purchases with cash.
B) Purchase of a truck in exchange for factory machinery.
C) Acquisition of land in exchange for stock.
D) Purchase of equipment with cash.

Correct Answer:

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