Homework Clinic

Social Science Clinic => Accounting => Topic started by: melina_rosy on Feb 19, 2020

Title: Illeo Company's Accounts Receivable decreased by $23,000 and its Accounts Payable increased by ...
Post by: melina_rosy on Feb 19, 2020

Illeo Company's Accounts Receivable decreased by $23,000 and its Accounts Payable increased by $12,000. What is the net effect on cash from operations under the indirect method?
◦ +$35,000
◦ -$11,000
◦ +$11,000
◦ -$35,000

Title: Illeo Company's Accounts Receivable decreased by $23,000 and its Accounts Payable increased by ...
Post by: kaillie on Feb 19, 2020

+$35,000

Title: Re: Illeo Company's Accounts Receivable decreased by $23,000 and its Accounts Payable increased by .
Post by: Aldrin GamingAccs on Dec 16, 2021

Thank you