During the Current Year, the Accounts Receivable Balance Increased

Multiple Choice

During the current year, the accounts receivable balance increased.

A) This indicates that credit sales exceeded collections on account during the period.
B) This increase is added to net income in the operating activities section of a statement of cash flows prepared under the indirect method.
C) This increase is added to credit sales to determine the collections on account during the period.
D) This indicates that there were no cash sales during the period.