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References

Mukharji, A., & Hanif, M. (2003). Financial Accounting (Vol. 1). New Delhi: Tata McGraw-Hill Publishing Co.

Narayanswami, R. (2008). Financial Accounting: A Managerial Perspective. (3rd, Ed.) New Delhi: Prentice Hall of India.

Ramchandran, N., & Kakani, R. K. (2007). Financial Accounting for Management. (2nd, Ed.) New Delhi: Tata McGraw Hill.

1 Comment

  1. Naseer Ullah

    Plz correct….
    3. The payment of cash to supplier will?

    (a) Reduce cash balance and reduce current liabilities

    (b) Increase receivables and reduce cash balance

    (c) Reduce account payable and increase purchases

    (d) Increase payable and reduce cash balance

    Reply

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