Class Pages  >  Exams  >  Submit for Grade  >  Cash Expense Exam-page 313

CLASSIFYING CASH AND NON-CASH REVENUE AND EXPENSE ITEMS

It is important to accurately identify cash and non-cash revenue and expense items in order to develop an accurate income statement.
PrintFill out this sheet and mark each item below with the appropriate label.

Legend: CR - Cash Revenue NR - Non-cash Revenue CE - Cash Expense NE - Non-cash Expense

Name: ______________________________________

Name: 

Date: ______________________________________

Date:   

Proceeds from Crop Sales ____________________________ CR NR CE NE
Amount paid for purchased feed ____________________________ CR NR CE NE
Amount paid for seed ____________________________ CR NR CE NE
Increase in Inventories ____________________________ CR NR CE NE
Increase in Accounts Payable ____________________________ CR NR CE NE
Amount paid for veterinarian and medicine ____________________________ CR NR CE NE
Cash payment from government programs ____________________________ CR NR CE NE
Amount paid for fertilizer ____________________________ CR NR CE NE
Increase in Accounts Receivable ____________________________ CR NR CE NE
Increase in Accrued Expenses ____________________________ CR NR CE NE
Proceeds from Custom Work ____________________________ CR NR CE NE
Proceeds from livestock sales ____________________________ CR NR CE NE
Amount paid for interest ____________________________ CR NR CE NE
Proceeds from the sale of livestock products ____________________________ CR NR CE NE
Depreciation ____________________________ CR NR CE NE
 
 

Submit this page for a grade by mailing to:

  • Karen Harlan
  • PO Box 1475
  • Seagraves, TX 79359
or fax to: (806) 546-0079