You are writing a yearly report for the sales company you work for, which has two sales teams. You have created a chart that shows the quarterly breakdown of each team's 2014 sales.
How would you go about changing data without having to recreate the chart?
Definitions:
Notes Receivable
A type of asset on the balance sheet representing a written promise to receive a certain amount of cash from another party on or before a specified date.
Account Receivable
Money that is owed to a business for products or services provided, representing a claim against a customer's assets.
Accounts Receivable Turnover
Accounts receivable turnover is a financial ratio that measures how many times a company can turn its accounts receivable into cash during a period.
Adjusting Entry
An accounting process used to allocate expenses and revenues between periods according to their occurrence and realization, ensuring that financial statements accurately reflect the financial position of a company at the end of an accounting period.
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