Asked by
Suweechak Bangmuang
on Nov 18, 2024
Verified
Increase in accounts receivable balance
Increase
An upward change or rise in number, amount, value, or degree.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services already provided but not yet paid for.
- Assess the impact fluctuations in current asset and liability accounts have on the flow of cash.
Verified Answer
JL
Learning Objectives
- Assess the impact fluctuations in current asset and liability accounts have on the flow of cash.