Examlex
A list of sources and uses of cash are given below. Select on the line provided whether each is an operating, investing, or financing activity.
-pay interest expense
Credit Sales
Sales made by a business that are not paid for at the time of purchase, allowing customers to pay at a later date.
Budgeted Cash Collections
Budgeted cash collections are the projected cash receipts from sales or other revenue sources as estimated in a company’s budget for a specific period.
Budgeted Sales
Projected or planned sales figures for a specific period, used in financial planning and strategy.
Sales Collection
The process of receiving payments from customers for goods or services sold.
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