Question
When cash is received in payment of an account receivable, which section of the Statement of Cash Flows is affected? a. Cash Flow from Operating
When cash is received in payment of an account receivable, which section of the Statement of Cash Flows is affected?
a.
Cash Flow from Operating Activities
b.
Cash Flow from Investing Activities
c.
Cash Flow from Financing Activities
d.
There is no effect on the Statement of Cash Flows.
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Managerial Accounting for the Hospitality Industry
Authors: Lea R. Dopson, David K. Hayes
2nd edition
978-1-119-2996, 1119299659, 978-1119386223
