Which one of the following statement is not true?

Choose Your Answer:

A(a) Depreciation is a source of funds

B(b) Major source of working capital in the long run,

C(c) Any transaction that increases working capital is a source of funds

D(d) profits earned from non-operating activities is added to net profit while calculating profits from operaions

R
Rucha rajesh shingvekar Best Answer
Depreciation is a charge against the assets of a company, not a source of funds. ● It shows the fall in the value of an asset over a period of time. ● It can be calculated by tak...
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