Which one of the following affects cash during a period?
A) Recording depreciation expense
B) Declaration of a cash dividend
C) Write-off of an uncollectible account receivable
D) Payment of an accounts payable

Question

Quizplus · Accepted Answer

Payment of an accounts payable affects cash during a period as it involves actual outflow of cash from the company's account. Recording depreciation expense, declaration of a cash dividend, and write-off of an uncollectible account receivable do not directly affect cash as they are non-cash transactions.

Which One of the Following Affects Cash During a Period