Accounts-Accounts-Basics-Revenues-and-explanation-v2 - PDF by ClassOf1

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									              Sub: Accounts                                                                 Topic: Accounts Basics


              Question:

              Calculation of Revenues and explanation about how cash receipts cans be
              different from revenues.

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              Cash Receipts versus revenues during the month of April. Simpson CO. had cash receipts from
              customers of 170,000. Expenses totaled %156,000 and accrual basis
								
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