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Give one transaction which may result into outflow of cash and one which may result into no flow of cash.

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Outflow of Cash: Purchase of goods for Cash.
No flow of Cash: Purchase of goods on Credit.


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Previous PostGive any two transactions which result into inflow of cash.
Next PostState with reason whether ‘Purchase of fixed asset on long term deferred payment’ would result in inflow, outflow or no flow of cash.

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