Which of the following statements is a correct representation of the effect of the reinstatement of an accounts receivable account previously written off?
A) Days' sales in receivables increases by the reinstatement of the account.
B) Return on sales decreases by the reinstatement of the account.
C) Days' sales in receivables is not affected by the reinstatement of the account.
D) Return on sales is not affected by the reinstatement of the account.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is a correct representation of the effect of the reinstatement of an accounts receivable account previously written off?
A) Days' sales in receivables increases by the reinstatement of the account.
B) Return on sales decreases by the reinstatement of the account.
C) Days' sales in receivables is not affected by the reinstatement of the account.
D) Return on sales is not affected by the reinstatement of the account.

Which of the Following Statements Is a Correct Representation of the Effect