Types Of Inflow Flashcards
1
Q
Cash Sales
A
Customer pays instantly
Receive money instantly
2
Q
Credit sales
A
Customer pays over a certain number of days
E.g 30 days
3
Q
Loans
A
Sum of money paid in instalments over a period of time
Paid back with interest
4
Q
Capital introduced
A
Owner puts own money into business
Stock/ assets
Usually when business starts or expanding
5
Q
Sale of assets
A
Selling an object to give cash flow
6
Q
Bank interest received
A
This is interest paid back by the bank on credit balances
