102k views
4 votes
How does 'Collection of accounts receivables' effect statement of cash flows?

1 Answer

2 votes

Final answer:

The collection of accounts receivables affects the operating activities section of the statement of cash flows, resulting in a positive adjustment as cash inflow.

Step-by-step explanation:

When it comes to the statement of cash flows, the collection of accounts receivables affects the operating activities section. This is because accounts receivable represent money owed to a company by its customers for goods or services provided.

When a company collects its accounts receivables, it is increasing its cash inflow. This increase is recorded as a positive adjustment in the operating activities section of the statement of cash flows.

For example, if a company had $10,000 in accounts receivable at the beginning of the year and collected $8,000 during the year, the cash inflow from the collection of accounts receivables would be $8,000.

User Aswajith
by
8.7k points