Main difference between cash receipts and cash payments (1 Viewer)

[boredsatan]

What's the main difference between cash receipts and cash payments. How do you classify items in the right one
Thanks!

 

[boredsatan]

bump!

 

[Squar3root]

yes

 

[boredsatan]

yes

Do you know the answer by any chance?

 

[boredsatan]

Bump!!
Main difference between cash receipts and cash payments?
Not entirely sure how to differentiate between them

 

[GeorgeYLin]

In the context of the Balance of Payments, cash receipts refers to money coming into Australia (also called credits). Cash payments refers to money paid by Australians to foreigners (also called debits).