Which of the following accounts will eventually be followed with an inflow of cash?
A) Prepaid Insurance
B) Unearned Revenue
C) Owner's Withdrawals
D) Accounts Receivable

Question

Quizplus · Accepted Answer

Accounts Receivable represents the amount of money owed to the company by its customers for goods and services. Eventually, these customers will pay their outstanding balances, resulting in an inflow of cash.

Which of the Following Accounts Will Eventually Be Followed with an Inflow