Virginia Cash Receipts Journal

State:
Multi-State
Control #:
US-02867BG
Format:
Word; 
Rich Text
Instant download

Description

This form is used to keep a record of cash receipts across various accounts during a given month. It will help you track cash coming into your business. Use it alongside the Cash Disbursements Journal, which tracks cash going out of your business.

How to fill out Cash Receipts Journal?

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FAQ

Regardless of what you're paying for, if it's a legitimate transaction, you should be entitled to a receipt of some kind. This is especially true in the case of rent payments. If your landlord accepts rent payments in cash, you must get a receipt for each payment you make.

In 2020 California's farms and ranches received $49.1 billion in cash receipts for their output. This represents a 3.3 percent decrease in cash receipts compared to the previous year. California agricultural exports totaled $21.7 billion in 2019, an increase of 3.4 percent from 2018.

In 2020, the 10 largest sources of cash receipts from the sale of U.S.-produced farm commodities were (in descending order): cattle/calves, corn, soybeans, dairy products/milk, miscellaneous crops, broilers, hogs, wheat, chicken eggs, and hay.

California ranks first in the U.S. for agricultural cash receipts followed by Iowa, Texas, Nebraska and Illinois. California ranks first in the United States for agricultural cash receipts followed by Iowa, Texas, Nebraska and Illinois.

A cash receipt is a printed statement of the amount of cash received in a cash sale transaction. A copy of this receipt is given to the customer, while another copy is retained for accounting purposes. A cash receipt contains the following information: The date of the transaction.

Nebraska, Texas & Kansas accounted for roughly 41% of the cash receipts for cattle in the United States in 2019. Nebraska, Texas, Kansas, Iowa & Colorado accounted for roughly 53% of the cash receipts for cattle in the United States in 2019.

Cattle and calves had the highest agricultural cash receipts in Kansas in 2019 followed by corn, soybeans, wheat & sorghum. Cattle and calves had the highest agricultural cash receipts in Kansas in 2019 followed by corn, soybeans, wheat & sorghum.

2, projects cash receipts from the sales of crops and livestock will decline by $12 billion, or 3%, from 2019 to $358 billion. If realized, U.S. farm cash receipts will be at the lowest level in more than a decade, and $18 billion below the 10-year average of $376 billion.

The basic components of a receipt include:The name and address of the business or individual receiving the payment.The name and address of the person making the payment.The date the payment was made.A receipt number.The amount paid.The reason for the payment.How the payment was made (credit card, cash, etc)More items...

Nebraska had the highest cash receipts for cattle in 2019 followed by Texas, Kansas, Iowa & Colorado. Nebraska was the only state in 2019 to have cash receipts for cattle over $10 billion. Nebraska, Texas & Kansas accounted for roughly 41% of the cash receipts for cattle in the United States in 2019.

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Virginia Cash Receipts Journal