Which is a source of cash?
A)increase in inventory
B)decrease in bonds payable
C)decrease in accounts payable
D)decrease in accounts receivable
E)increase in prepaid assets

Name: Which is a source of cash? A)increase in inventory B)decrease in bonds payable C)decrease in accounts payable D)decrease in accounts receivable E)increase in prepaid assets
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Question

Quizplus · Accepted Answer

A decrease in accounts receivable means that a company has collected payment from its customers, resulting in an inflow of cash.

Which Is a Source of Cash