Explore BrainMass

Interpretation of budget names.

What are accounts receivable budgets and what cash receipts budget means.

Solution Preview

Receivables represent claims for money, goods, services and other non cash assets from other entities. Receivables may be current or non current, depending on the expected collection date. Accounts receivable, ...

Solution Summary

This solution is comprised of a simple explanation of the following accounting concepts: accounts receivable; budgets; and cash receipts budget