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    gsteger's Avatar
    gsteger Posts: 1, Reputation: 1
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    #1

    Jan 19, 2010, 07:36 PM
    I need to prepare a schedule of cash recepts covering the fourth quarter. Do you inc
    Prepare a schedule of cash receipts covering the fourth quarter. 10 % will never be collected. How do I include this in my schedule?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jan 22, 2010, 11:06 PM

    You don't include it. You're making a schedule of cash receipts. If it's never collected, then it's never received, so how could it be part of cash receipts?

    You can include it in any calculations you choose to include, but it's not part of the statement itself.

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