Chapter 7 Cash And Receivables Pdf Pdf

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4 The control of working capital is ensuring that the company has enough cash in its bank. This will save on bank interest and charges on overdrafts.A business must carefully monitor its accounts receivable. This chapter has devoted much attention to accounting for bad debts; but, don’t forget that it is more important to try to avoid bad debts by carefully monitoring credit policies.7 Sale on Credit Kitten has found a buyer for her entire stock of makeup for £5,000, but the sale is made on credit, meaning that the buyer will pay for the goods in 2 months time (trade receivables).RECEIVAB. LES • • • • Accounts receivable Notes receivable Loans receivable Receivable financing Receivables financial assets that represent a
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