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Cash Collections
Cash collections involve the process of gathering all payments or receipts in cash form, typically from customers or clients.
Indirect Method
A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.
Operating Activities
Transactions and events that relate to the primary operations of a company, such as sales, purchases, and expenses.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services provided on credit.
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