Movement of funds in a transaction

Q.  Which of the following statements are true about movement of funds?

A) Funds flow in a transaction between current assets and fixed assets.
B) Funds flow in a transaction between current asset and capital.
C) Funds flow in a transaction between fixed assets and current liabilities.
D) Funds flow in a transaction between current liabilities and capital.
- Published on 04 Sep 15

a. A and B
b. A and C
c. A and D
d. A, B, C and D

ANSWER: A, B, C and D

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