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The Following Is an Extract from Colin's Balance Sheets at 30

Question 5

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The following is an extract from Colin's balance sheets at 30 June 20X1 and 20X2:
The following is an extract from Colin's balance sheets at 30 June 20X1 and 20X2:    Which one of the following statements is correct? During the financial year ended 30 June 20X4 A)  There were cash outflows in respect of debtors and creditors, and there was a cash inflow in respect of stock B)  There was a cash outflow in respect of debtors, and there were cash inflows in respect of creditors and stock C)  There was a cash inflow in respect of debtors, and there were cash outflows in respect of stock and creditors D)  There were cash inflows in respect of debtors and creditors, and a cash outflow in respect of stock
Which one of the following statements is correct? During the financial year ended 30 June 20X4


A) There were cash outflows in respect of debtors and creditors, and there was a cash inflow in respect of stock
B) There was a cash outflow in respect of debtors, and there were cash inflows in respect of creditors and stock
C) There was a cash inflow in respect of debtors, and there were cash outflows in respect of stock and creditors
D) There were cash inflows in respect of debtors and creditors, and a cash outflow in respect of stock

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