The schedule of cash receipts from accounts receivable (debtors)provides information to include in the:

Question

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The schedule of cash receipts from accounts receivable (debtors) provides information about when payments from customers will be received. This information is important for creating the cash budget, which predicts cash inflows and outflows for a specific period, usually a month or a year. Therefore, the best choice is B, the cash budget. The other choices are not appropriate, as the schedule of cash receipts does not provide information for creating the sales budget, budgeted statement of profit or loss, or budgeted balance sheet.

The Schedule of Cash Receipts from Accounts Receivable (Debtors)provides Information