The flow of fund is said to have taken place when–

(A) cash is paid to creditors
(B) cash is received from debtors
(C) machinery is purchased for cash
(D) All of the above

Anurag Mishra Professor Asked on 14th July 2016 in Commerce.
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    Answer: (C) machinery is purchased for cash 

    Anurag Mishra Professor Answered on 14th July 2016.
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