Question: How are short - term assets and liabilities typically recorded on the balance sheet in relation to cash flows? Group of answer choices Only after

How are short-term assets and liabilities typically recorded on the balance sheet in relation to cash flows?
Group of answer choices
Only after the cash is received or paid
Only at the end of the fiscal year
When the cash transaction is fully settled
When the underlying activity occurs, regardless of when cash is received or paid

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