A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2016 · Q201 Mark
Which action leaves the value of working capital unchanged?
Adisposal of a non-current asset
Bissuing shares for cash
Cpurchasing goods for resale on credit
Dwriting off an irrecoverable debt
✓ Correct answer
C: purchasing goods for resale on credit
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