Question

From the below mentioned activities, which will NOT result in decrease in cash in hand of the firm?
i. Fixed assets increased
ii. Increase account receivable
iii. Increase notes payable iv Advance payment for electricity bill

Q: Answer-From the below mentioned activities, which will NOT result in decrease in cash in hand of the firm?&...

Impact of the following activities on cash in hand- Increase in fixed assets ndash decrease in cash as cash will be used for buying fixed assets Increase account receivable ndash Account receivable means, cash to be received in future, increase in it will decrease the present cash in hand Increase notes payable ndash Increase in cash Advance payment for any expense ndash reduce the cash in hand