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Which of the following is a spontaneous source of financing . accounts receivable I. accounts payable II. long-term debt V. line of credit W. accrued expenses Select one: a. I and II b. I and IV c. II and III d. II and V

Which of the following is a spontaneous source of financing . accounts receivable I. accounts payable II. long-term debt V. line of credit W. accrued expenses Select one: a. I and II b. I and IV c. II and III d. II and V

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following is a spontaneous source of financing? I. accounts receivable II. accounts payable III. long-term debt IV. line of credit V. accrued expenses Select one: a. I and Il b. I and IV c. II and III d. II and V
Transcribed Image Text:Which of the following is a spontaneous source of financing? I. accounts receivable II. accounts payable III. long-term debt IV. line of credit V. accrued expenses Select one: a. I and Il b. I and IV c. II and III d. II and V
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