Cash is increased by: Answer a. payment of a declared cash dividend b. issuance

Question

Cash is increased by: Answer a. payment of a declared cash dividend b. issuance of long-term debt c. recording depreciation d. establishing an account payable I think it is C.) Recording depreciation Cash is increased by: payment of a declared cash dividend issuance of long-term debt recording depreciation establishing an account payable I think it is C.) Recording depreciation a. payment of a declared cash dividend b. issuance of long-term debt c. recording depreciation d. establishing an account payable I think it is C.) Recording depreciation

Explanation / Answer

correct answer is option B issuance of long term debt. The firm received cash amount of the debt and hence cash increases.

A. cash decreases by payment of cash dividend

C. it is a non cash transaction as depreciation is an expense which has nothing to do with cash.It reduces asset

D. non cash

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