B General - Cash Flow

Question 1

Cash Flow

Increase in liability

Answer 1

Creates an increase in cash

Question 2

Cash Flow

Whan an asset (other than cash) increases, the cash account goes in which direction?

Answer 2

Cash account decreases

Question 3

Cash Flow

When an asset (other than cash) decreases, the cash account goes in which direction?

Answer 3

Cash account increases

Question 4

Cash Flow

When a liability decreases

Answer 4

the cash account decreases

Question 5

Cash Flow

When owner’s equity increases

Answer 5

the cash account increases

Question 6

Cash Flow

When owner’s equity decreases

Answer 6

the cash account decreases

Question 7

For a change in assets (other than cash) - the change in the cash account is in which direction?

Answer 7

The cash account changes in the opposite direction

Question 8

For a change in liabilities and owner’s equity - the change in cash is in which direction?

Answer 8

The cash account changes in the same direction