Question
I am doing a three-way financial models & my balance sheet isn't balancing! On my income statement there is two lines: Sales of products to
I am doing a three-way financial models & my balance sheet isn't balancing!
On my income statement there is two lines:
Sales of products to customers: 2,267,629.8 Revenue and other income items: 1,213,791.8 |
We were told to do the "Trade and other receivables" on the balance sheet to include both these lines in the one calculation. (Total: 799014.8)
But when it comes to the Cashflow Statement, it is split again in the operating activities to:
Net receipts from franchisees Receipts from customers |
How do I model the two cash receipts line for the Cashflow statement when the Balance Sheet Trade Receivables number has both of them together?!
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