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    Professor

    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

    Asked by Anurag Mishra on 14th July 2016 in Commerce.
    1 Answers
    Professor

    Answer: (C) machinery is purchased for cash 

    Answered by Anurag Mishra on 14th July 2016..