Listen Bought a new computer using cash A) Increase net income B) Decrease net income C) No effect on net income

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 10MC: What is the effect on cash when current liabilities decrease? A. Cash increases by the same amount....
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Bought a new computer using cash
A) Increase net income
B) Decrease net income
C) No effect on net income
Transcribed Image Text:Listen Bought a new computer using cash A) Increase net income B) Decrease net income C) No effect on net income
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