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Collecting receivables will cause cash to _ .

 

• increase

 

• decrease

 

• show no change

 

• The effect on cash cannot be determined based on given information.

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Question added by Shazia Anees , Assistant Manager Finance , Arham Trading Company
Date Posted: 2015/05/06
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Collecting receivables will cause cash to increase.

WILSON DEPALAC
by WILSON DEPALAC , assistant manager accounts , falcon pack industry llc

A. INCREASE IN CASH. THUS ENTRY DR - CASH CR. RECEIVABLE

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