- 1 Marks
FA – Nov 2021 – L1 – SA – Q1 – Accounting Concepts
This question tests knowledge of business cash inflow from disposal of assets.
Question
Which of the following will result in an increase in cash of the business?
A. Drawings from the business
B. Payments for a new asset
C. Proceeds from disposal of non-current assets
D. Payments to suppliers
E. Goods sold on credit to customers
Find Related Questions by Tags, levels, etc.
- Tags: Asset Disposal, Business Transactions, Cash Inflow, Multiple Choice
- Level: Level 1
- Topic: Accounting Concepts
- Series: NOV 2021
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