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Cash Reiepts from customers are greater than sales revenues when what happens?
Wiki User
∙ 16y ago
That means that there were larger purchases on credit for that period, there would be a corresponding increase in assets or expenses. Or, it could mean that oustanding payables from the previous period were not paid and are now overdue. It also means that the company has increased cash flow requirements for the following period.
Wiki User
∙ 16y ago
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