which of The following shows how collecting an accounts receivable affects financial statements

ECT Registration Sheet-: pter 2, Accounting for Accru : ation.com/flow/connect.html Edmonds, Edmonds, Olds, McNair, Tsay, 5e, Accounting for Accruals and Deferrals Which of the following shows how collecting an accounts receivable affects financial statements? Click the answer you think is right. Cash flow increases Total assets increase Revenue increases Liabilities increase No ldea Think so I know N T Registration Sheet-e x Chapter 2. Accounting for Accrux + ion.com/flow/connect.html dmonds, Edmonds, Olds, McNair, Tsay, 5e, Accounting for Accnuals and Deferrals Recognizing a cash expense will (Select all that apply.) Check all that apply not affect the amount of retained earnings shown on the statement of changes in stockholders equity. cause the amount of assets shown on the balance sheet to decrease. cause a decrease in the net cash flow from operations shown on the statement of cash flows. cause an increase in the amount of net income shown on the income statement. Read about thi Do you know the answer? I know t Think so No idea hp