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Question
Which of the following is not an application of cash?
Options
Increase in Debtors
Increase in Inventory
Increase in Bills Payable
Increase in Prepaid Expenses
MCQ
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Solution
Increase in Bills Payable.
Explanation:
Increases in Debtors, Inventory, and Prepaid Expenses represent applications (uses) of cash, as they involve spending or locking up cash.
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