Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Cash, checks, debit cards, credit cards and wire transfers are treated as cash sales. When your customer pays for a purchase in cash or with a check, the sale is complete. You do not have to bill your ...

The cash receipts journal is an important way to track any cash you receive in exchange for a product or service. You will use the cash receipts journal if your company uses the accrual accounting ...