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Payment to creditors will result in---

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2010 Hello, please answer the following
Payment to creditors will result in---
A) Sources of funds
B) Application of funds
C) No impact on funds

please explain

i think that the answer is - application of funds
but in icwai suggested answers-june 2002 the answer is - no impact on funds

please clarify
thanking you
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 March 2010 Yes.answer is application of funds only

chances are there for printing mistakes
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