Account receivable turnover indicates how many times you receive payment for your credit sales or convert it into cash in a given period.

𝐔𝐧𝐞𝐚𝐫𝐧𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞: 𝐖𝐡𝐞𝐧 𝐈𝐭 𝐁𝐞𝐜𝐨𝐦𝐞 𝐄𝐚𝐫𝐧𝐞𝐝? Facebook Linkedin Pinterest Twitter The questions like what is unearned revenue? How to calculate it and …

Is Petty Cash An Expense Account or Asset Account? Petty Cash is not an expense account, it is an asset account.

Three methods of preparing Cash Budget: 1.Receipt and payment method 2.Adjusted profit & loss method/Cash Flow Method 3.Balance Sheet Method.

Four easy steps to prepare cash budget: Define the period, Decide the desired cash position, estimate cash inflows outflows.

Using cash flow analysis ratios, a company seeks out how much cash it has, where its cash is going, and what it needs to do to maintain!

Cash Flow Statement helps to track cash inflow and outflow. CFS has three main parts: operating, investing, and financing activities.

Working Capital is the leftover amount after paying operating expenses whereas the Current Ratio determines the efficiency of current assets over current liabilities.