Answered: Which item would reduce the cash…

Which item would reduce the cash balances of a business and NOT reduce the profit for the year? Select one: a. Dividends paid b. Interest paid c. Distribution costs d. Remuneration to directors

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 22MC: The measurement of earnings concept that consists of a companys profit from operations after taxed...

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Q49

Which item would reduce the cash balances of a business and NOT reduce the profit for the year?

Select one:

a. Dividends paid

b. Interest paid

c. Distribution costs

d. Remuneration to directors

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