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Commerce · Q1108

Accounting

Graduate and Post Graduate · Commerce · question 1108

Q1108

A company pays to its sundry creditors a sum of Rs. 10,000. This transaction will:

A.
Decrease working capital by Rs. 10,000
B.
Increase working capital by Rs. 10,000
C.
Decrease working capital by Rs. 20,000
D.
Neither increase nor decrease working capital
Answer

Answer: Option D

Solution

Answer: Option D
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