Which of the following transactions does not affect cash during a period?
A)Write-off of an uncollectible account.
B)Collection of accounts receivable.
C)Sale of treasury stock.
D)Redeeming bonds before maturity.

Question

Quizplus · Accepted Answer

Writing off an uncollectible account is an accounting adjustment that reduces accounts receivable and increases bad debt expense, but it does not involve any cash movement.

Which of the Following Transactions Does Not Affect Cash During