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Cash Flow Statement — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyCash Flow Statement1 Mark
Question
Which of the following transactions will increase an asset and also decrease an asset?
  1. Stores purchased on account
  2. Stores purchased on cash
  3. Payment of promissory note with cash
  4. Declaration of a dividend
✓

Answer

  1. Stores purchased on cash

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