Which of the following is considered a source of cash on the statement of cash flows?
A)Payments from customers
B)Purchase of equipment
C)Payment of accounts payable invoices
D)Payment of dividends to stockholders

Question

Quizplus · Accepted Answer

Payments from customers are considered a source of cash because they increase the company's cash balance when customers pay for goods or services.

Which of the Following Is Considered a Source of Cash