Receipt - Cash that comes in to the business. The main way to generate this is through sales revenue. , Payment - Money that leaves the business to pay for something the business needs. Examples include wages, advertising and fuel, Opening balance - The amount of cash the business has in the bank at the start of the month. , Closing balance - The amount of cash the business has in the bank at the end of the month. , Total Payments - All the things that the business has to pay for added together. ,

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