Assertion: cash | /r/HasProperty | collected
Facets:
value: during the period
type: TEMPORAL
Source sentences:
text: For example, management needs to know a sales estimate before it can predict how much cash will be collected during the period.
text: While the cash basis accounting recognizes revenues and expenses only when cash is collected or disbursed, the accrual basis of accounting recognizes revenues and expenses when they occur or when they are earned.
text: Cash basis accounting only recognizes income and expenses when cash is actually collected or disbursed.
text: When a customer purchases inventory on credit, the sale isn’t directly recorded in the cash receipts journal because no cash has actually been collected.
text: When the credit customer returns to pay off his account, cash is collected however.