Changes to Noncash Current Asset Accounts

Changes to Noncash Current Asset Accounts - Company adds to...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Changes to Noncash Current Asset Accounts When the Accounts Receivable balance decreases , cash receipts are higher than revenue earned under the accrual basis.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Company adds to net income the amount of the decrease in accounts receivable...
View Full Document

This note was uploaded on 12/26/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

Ask a homework question - tutors are online