[Answered] Which of the following is an external source of liquidity? a. Sales of services. b. Repurchase ...

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Author Question: Which of the following is an external source of liquidity? a. Sales of services. b. Repurchase ... (Read 48 times)

Cooldude101

Hero Member
Posts: 557

on: Jul 6, 2018

Which of the following is an external source of liquidity?

a. Sales of services.
b. Repurchase of stock.
c. Borrowing.
d. Sales of products.

Question 2

The Drawing account should be closed into the __________ account.
a. Income Summary
b. Net Income
c. Expense
d. Capital

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alexisweber49

Sr. Member
Posts: 311

Reply #1 on: Jul 6, 2018

Answer to Question 1

d

Answer to Question 2

d

Cooldude101

Member
Posts: 557

Reply 2 on: Jul 6, 2018

Thanks for the timely response, appreciate it

jojobee318

Member
Posts: 298

Reply 3 on: Yesterday

Excellent

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