Question

This is the accounts receivable under the balance sheet: 2020 2021 2022 133,890 131,945 133,767 Please...

This is the accounts receivable under the balance sheet:

2020 2021 2022
133,890 131,945

133,767

Please calculate the accounts receivable for the statement of cash flow and explain how:

Change in Operating Assets & Liabilities: 2020 2021 2022
Accounts Receivable
Business   Accounting   
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Answer #1

Year. 2020. 2021. 2022

Acc. receivable 133,890. 131,945. 133,767

Change. - 1945. 1822

Cash flow statement -

Income from operating activities

Change in operating assets and liabilities -

Decrease in Accounts receivable 1822

Increase in accounts receivable. - 1945

Explanation -

Increase in accounts receivables is deducted from net income in income from operating activities and decrease in accounts receivables is added to net income from operating activities.

Net increase or decrease is calculated from last year data.

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