Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / A firm may earn profit during an accounting period but have less money in the bank

A firm may earn profit during an accounting period but have less money in the bank

A firm may earn profit during an accounting period but have less money in the bank at the end of the period then it had at the beginning. Which of the followings, on its own, could explain this?


(A) Not paying invoices received from creditors


(B) The sale of fixed assets during the period


(C) an increase in trade debtors over the course of the period


(D) An increase in the depreciation charge relative to the previous accounting period

Apr 12 2018 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions