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burish burish
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6 years ago
When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes:
A) the sale may be immediately posted as if it has been collected.
B) the sale should be recorded in the month it was made.
C) she must account for a delay between the sale and the actual collection of the proceeds.
D) such a transaction counts as a cash disbursement.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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tuhaftuhaf
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6 years ago
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burish Author
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6 years ago
Good timing, thanks!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
You make an excellent tutor!
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