Question: Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following

Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following terms:

Category = Cash, Revenue, Expenditure and/or Capital

Budget = Cash flow, Financial performance, Financial position and/or Capital Expenditure

Objective = Report Revenue, Manage Expenditures, Manage Cash and/or Manage Capital

Item Category Budget Objective
Sale of retail clothes by EFTPOS Revenue Financial performance Report revenue
Investment in five year project
Replace chair in client waiting room
Periodic transfers between bank accounts

Sale of office building

Community service fees

Major upgrade to investment property
Purchase of inventory for sale

Bank Fees

Purchase of office supplies

Purchase of raw materials to produce products

Quarterly invoice to accounting clients

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