Solved

Which One of the Following Transactions Decreases a Business's Working

Question 17

Multiple Choice

Which one of the following transactions decreases a business's working capital?


A) A fixed asset is sold for cash.
B) A creditor is paid an amount due of £3000.
C) The owner draws £1000 for personal use
D) A loss is made for the year

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions