At the end of 2016, the BCD Company had accounts receivable of $45,000. At the...
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Accounting
At the end of 2016, the BCD Company had accounts receivable of $45,000. At the end of 2015, it had accounts receivable of $40,000. How should this difference be recorded?
A. a $5,000 cash outflow on the 2016 Statement of Cash Flows
B. a $5,000 cash inflow on the 2016 Statement of Cash Flows
C. income on the 2016 Income Statement
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