The Following Items Were Obtained from the Financial Records How Would the Change in Accounts Receivable Be Reported in

question 111

Multiple Choice

The following items were obtained from the financial records: $\begin{array}{ll}\text { Accounts receivable, December 31, 2014 } &\$ 100,000\\\text { Accounts receivable, December 31, 2013 } &144,000 \\\text { Sales for 2014 } & 945,000\end{array}$ How would the change in accounts receivable be reported in the operating activities section of the statement of cash flows under the indirect method?

• A)As an addition to sales.
• B)As a deduction from sales.
• C)As an addition to net income.
• D)As a deduction from net income.

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Definitions:

Secure Self-esteem

A form of self-esteem characterized by a positive, yet realistic view of oneself, resilience to criticism, and stability across different situations.

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