For each of the definitions, write the letter of the appropriate term in the space provided.
a. Cash payment
b. Cash payment transaction screen
c. Cash payment on account
d. Cash receipt
e. Cash receipt transaction screen
f. Direct receipt
g. Cash receipt on account
h. Budget
i. Budgeted amount
j. Budget Report
1. The estimated balance for a particular account at the end of the fiscal period.
2. The transaction screen used to enter all cash disbursements and to make corrections to or deletions from existing cash disbursements.
3. Any type of transaction involving the payment (disbursement) of cash.
4. Any type of transaction involving the receipt of cash.
5. The transaction screen used to enter all cash received and to make corrections to or deletions from existing cash received transactions.
6. A transaction that does not affect accounts receivable.
7. A transaction that does affect accounts receivable.
8. A report that compares actual revenues and expenses with budgeted revenues and expenses.
9. A transaction that does affect accounts payable.
10. A financial plan for the future.