B 19. The business' accrued sales income increased fromR300 000 to R500 000 during the year.Explain how you would adjust for this point whenpreparing the statement of cash flows.A. This will have no effect on the statement ofcash flows as accrued sales is not a cashtransaction.B. None of these answers are correct.C. Increase cash flows from operations.OD. Decrease cash flows from operations.

The section of a company's cash flow statement headed cash flow from operations shows how much money…

The business' accrued sales income increased from R300 000 to R500 000 during the year. Explain how you would adjust for this point when preparing the statement of cash flows. This will have no offect on the statement of

The business' accrued sales income increased from R300 000 to R500 000 during the year. Explain how you would adjust for this point when preparing the statement of cash flows. This will have no offect on the statement of

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

B 19.

The business' accrued sales income increased from
R300 000 to R500 000 during the year.
Explain how you would adjust for this point when
preparing the statement of cash flows.
A. This will have no effect on the statement of
cash flows as accrued sales is not a cash
transaction.
B. None of these answers are correct.
C. Increase cash flows from operations.
OD. Decrease cash flows from operations.

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