When Accounts Receivable Are Collected

question 118

Multiple Choice

When accounts receivable are collected:

• A)stockholders' equity increases.
• B)total assets increase.
• C)total assets decrease.
• D)the amount of total assets is unchanged.

---

Definitions:

Adoptive Parents

Individuals or couples who legally take on the parental responsibilities for a child that is not biologically theirs.

Biological Parents

The parents who are genetically related to a child, as opposed to adoptive parents or caregivers.

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can hinder performance in a variety of settings.

Epigenetics

The study of how behaviors and environment can cause changes that affect the way genes work.