1. Stage 1 : cash
1.1. Definition
1.1.1. Liquid Asset
1.1.2. Types
1.1.2.1. Cash on Hand
1.1.2.1.1. Physical cash in foreign currencies
1.1.2.2. Cash in Bank
1.1.2.2.1. Foreign currency deposits
1.1.2.3. Cash in transit
1.1.2.3.1. Deposited checks not yet credited
1.2. Source Documents
1.2.1. Receipt slips
1.2.2. Payment slips
1.2.3. Bank statements
1.2.4. Payment orders
1.2.5. Collection orders
1.2.6. Certified checks
1.3. Transaction innolving Cash
1.3.1. Cash sales
1.3.1.1. Debit cash
1.3.1.2. Credit revenue accounts
1.3.2. Financial income
1.3.2.1. Credit Financial income accounts
1.3.3. Deposits to bank
1.3.3.1. Debit bank account
1.3.3.2. Credit bank account
1.3.4. Recovery of receivables
1.3.4.1. Record as cash inflow
1.4. Disclosure
1.4.1. Statement of financial position
1.4.1.1. Cash and equivalents
1.4.1.2. Foreign currencies
1.4.1.3. Monetary gold balances
2. Stage 2: Receivable
2.1. Definition
2.1.1. Account Receivable
2.1.2. Current Asset
2.2. Types of receivables
2.2.1. Trade receivable
2.2.1.1. Credit sales payment expectation
2.2.2. Intra-company
2.2.2.1. Amount due between related entities
2.2.3. Other receivable
2.2.3.1. Non-trade receivables
2.2.3.1.1. loan interest
2.2.3.1.2. Dividends
2.2.3.1.3. Payments on behalf
2.2.3.1.4. Fines
2.2.3.1.5. Compensations
2.3. Source Document
2.3.1. Purchase orders
2.3.2. Invokes
2.3.3. Proofs of delivery
2.4. Transaction Involving Receivables
2.4.1. Credit sales
2.4.1.1. Debit trade receivable
2.4.1.2. Credit revenue accounts
2.4.2. Returned goods
2.4.2.1. Debit returned goods account
2.4.2.2. Credit trade receivables account
2.4.3. Trade Discounts
2.4.4. Payment Discounts
2.4.4.1. Deducted from receivable amount
2.4.5. Payments Received
2.4.5.1. Credit receivables account
2.4.5.2. Debit cash or bank account
2.5. Allowance for Doubtful Debts
2.5.1. Account 2293
2.5.1.1. Contra-asset account
2.5.1.2. Past experience basis
2.5.1.3. Periodic revision
2.6. Financial Statement Presentation
2.6.1. Short-term or long-term classification
2.6.2. Allowance for doubtful debts