Which change recorded in the asset portion of a balance sheet represents a use of funds for

Question:

Which change recorded in the asset portion of a balance sheet represents a use of funds for SCF purposes?

a. Increase in net receivables

b. Decrease in net receivables

c. Decrease in cash on hand

d. Increase in accumulated depreciation

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...