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Which of the following transactions occurred during a company’s first year of operations?

I. Purchased a delivery van for cash 

II. Borrowed money by issuance of short-term debt 

Ill. Purchased treasury stock 

 

which of the items above caused a change in the amount of working capital? 

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Question ajoutée par Ahmed Dawoud , Senior Accountant , HI PROF General Trading & Contracting
Date de publication: 2016/02/09
Rehan Qureshi
par Rehan Qureshi , Financial Consultant , Self Employeed

go with Mr. Muhammad Iqbal answer

RAHEEM SHEHZAD
par RAHEEM SHEHZAD , Assistant Manager Accounts & Finance , Mustang Security Services (Pvt.) Ltd.

 Purchased a delivery van for cash

Ahmed Dawoud
par Ahmed Dawoud , Senior Accountant , HI PROF General Trading & Contracting

Non of answers are right ,,

It should be "two option" of above caused a change in the amount of working capital

the answer with explanation will be perfect 

Mohamed Zufar Mohamed Haseeb
par Mohamed Zufar Mohamed Haseeb , Team Leader - Group Internal Audit , AW Rostamani Group

I. Purchased a delivery van for cash 

II. Borrowed money by issuance of short-term debt 

abdelaziz allam
par abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

II. Borrowed money by issuance of short-term debt 

Mohammad Iqbal Abubaker
par Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

The following transactions occurred during a company’s first year of operations:?

 

II. Borrowed money by issuance of short-term debt 

 

Ill. Purchased treasury stock 

Imran Ansar Ahmad
par Imran Ansar Ahmad , COMPUTER OPERATOR , AQDAS CYBER CAFE

Third Ans- Purchased treasury stocks

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