The most common components of cash receipts are
A. dividend income, cash sales, and accounts payable.
B. cash sales, receivable collections, and miscellaneous receipts.
C. accrual collections, cash sales, and interest income.
D. retained earnings, dividends, and cash sales.
Answer:B
The most common components of cash receipts are
A. dividend income, cash sales, and accounts payable. B. cash sales, receivable collections, and miscellaneous receipts. C. accrual collections, cash sales, and interest income. D. retained earnings, dividends, and cash sales.