Which one of the following affects cash during a period?
A) payment of an account payable
B) declaration of a cash dividend
C) write-off of an uncollectible account receivable
D) recording depreciation expense

Question

Quizplus · Accepted Answer

Payment of an account payable affects cash during a period by decreasing it. The other options do not directly affect cash during a period - declaration of a cash dividend affects retained earnings, write-off of an uncollectible account receivable affects accounts receivable, and recording depreciation expense affects net income and accumulated depreciation.

Which One of the Following Affects Cash During a Period