Problem-which of the following is most likely to increase, Ask an Expert

Accounting

Problem-

Which of the following is most likely to increase the final number for notes payable in the pro forma balance sheet?

a). Decrease in inventory

b). Increase in retained earnings

c). Decrease in accounts payable

d). Decrease in accounts receivable

Additional Requirement-

The problem relates to Accounting and it discusses about what increases the final number of notes payables in pro forma balance sheet.

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Accounting Basics, Accounting

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