1) Explain w hy are increases in accounts receivable reported as an adjustment to net...
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Accounting
1) Explain w hy are increases in accounts receivable reported as an adjustment to net income in the operating activit ies section of a statement of cash flows? ( max 100 words)
2)Flynn Corporation started the year with $35,000 in accounts receivable and ended the year with $50,000 in the account. Describe how information regarding the companys accounts receivable sh ould be reflected on its statement of cash flows, assuming use of the indirect method.
( max 100 words)
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