Accounting for IGCSE & O level - Advanced Principles (Section 2 - No. 37)
Which of the following are examples of actions taken to improve liquidity?
Introduced new equity drove off $100,000 of current liabilities
Changed cash supplies saved the company $200,000
Sold off unused office furniture as net book value for $15,000
Issued a supplier payment from accounts payable $5000
Explicació
These actions involved cash or reducing liabilities.