Accounts Receivable on the Statement of Cash Flows Wildcat started the year with $25,000 in accounts receivable

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Accounts Receivable on the Statement of Cash Flows Wildcat started the year with $25,000 in accounts receivable and ended the year with $40,000 in the account. Describe how information regarding the company’s accounts receivable should be reflected on its statement of cash flows, assuming use of the indirect method.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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