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Question 74 - CTFA discussion
If the following are balance sheet changes:
$5,005 decrease in accounts receivable
$7,000 decrease in cash
$12,012 decrease in notes payable
$10,001 increase in accounts payablea 'use' of funds would be the:
A.
$7,000 decrease in cash
B.
$5,005 decrease in accounts receivable
C.
$10,001 increase in accounts payable
D.
$12,012 decrease in notes payable
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