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Which of the following transactions will cause working capital to decrease? a. collection of Accounts receivable b. cash purchase of new equipment c. payment of
Which of the following transactions will cause working capital to decrease?
a. | collection of Accounts receivable | |
b. | cash purchase of new equipment | |
c. | payment of salaries payable | |
d. | credit sales | |
e. | none of the above |
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