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The effect of an increase in a firms accounts payable during the year, assuming that...

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Question

Accounting

The effect of an increase in a firms accounts payable during the year, assuming that the current asset portion of the balance sheet remains the same, is

a.

an inflow of cash.
b.

neither an inflow nor an outflow of cash.
c.

an outflow of cash.
d.

a decrease in the equity of the firm.

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