In the most general sense, which of the following would you expect to be true?

Select one:

a. If a liability account increases and an asset account decreases by the same amount, there is a net source of funds.

b. If fixed assets decrease by the amount of depreciation for the year, there is a net use of funds.

c. Changes in income and expense accounts do not affect sources and uses of funds.

d. If a current asset account and a current liability account both increase by the same amount, there is a net use of funds.

e. If the common stock outstanding increases there is a use of funds.