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What category does the purchase of packing material fall into in a cash register?
  • a)
    Inflow of cash
  • b)
    Outflow of cash
  • c)
    Net cash position
  • d)
    Non-financial transaction
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What category does the purchase of packing material fall into in a cas...
The purchase of packing material falls into the category of an outflow of cash in a cash register because it involves a payment made by the business to acquire the packing materials.
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