Receipts

(noun)

Potential sources of incoming cash over a given time frame.

Related Terms

  • disbursements
  • lien

Examples of Receipts in the following topics:

  • Receipts

    • Receipts generally refer to the collection of accounts receivable, which are the payments of paying customers over time.
    • Receipts also refer to the returns off of short-term investments as well as the sale of various assets.
    • There are other potential incoming cash flows that also fall under receipts, which are worth noting on a case by case basis.
    • On the inverse side of receipts, disbursements are outgoing cash flows during a short-term business operation.
    • By comparing receipts with disbursements, the overall available cash flow can be derived.
  • Components of the Cash Budget

    • The cash budget includes the beginning balance, detail on payments and receipts, and an ending balance.
    • A cash budget is a prediction of future cash receipts and expenditures for a particular time period, usually in the near future.
    • Cash receipts from customers - Collecting the accounts receivable.
  • Types of Transactions

    • Transactions include sales, purchases, receipts, and payments made by an individual or organization.
    • Transactions include sales, purchases, receipts, and payments made by an individual or organizations.
    • Receipts refer to a business getting paid by another business for delivering goods or services.
  • Lab 1: Chi-Square Goodness-of-Fit

    • Ask 30 people as they leave for the total amount on their grocery receipts.
    • For each fifth, count the observed number of receipts and record it.
    • Then determine the expected number of receipts and record that.
    • For each cell, count the observed number of receipts and record it.
    • Then determine the expected number of receipts and record that.
  • Alternate Sources of Funds

    • Receipts for the sale of loans, debt, or equity instruments in a trading portfolio
  • Activities of the Business: Financing, Investing, and Operating

  • Types of Communication: Verbal, Written, and Nonverbal

    • Since oral communication almost always involves the simultaneous transmission and receipt of a message, feedback from the audience is immediate.
    • There is usually a gap of time and space between creation/transmission of a written message and its receipt.
  • Differences Between Accrual-Basis and Cash-Basis Accounting

    • Under the accrual accounting method, the receipt of cash is not considered when recording revenue; however, in most cases, goods must be transferred to the buyer in order to recognize earnings on the sale.
    • The cash-basis method, unlike the accrual method, relies on the receipt and payment of cash to recognize revenues and expenses.
  • Recycling and job growth

    • Indirectly, it has been estimated that recycling creates an additional 1.4 million jobs and over $173 billion in receipts.
  • Slave Families

    • This image shows a receipt for the sale of a slave.
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