A company's receipts usually refers to the cash that it receives. The following are examples of receipts which are not revenues:
- borrowing $1,000 in cash from the bank
- collecting an account receivable from a customer who had purchased goods on credit 30 days earlier
- disposing of a company vehicle and receiving cash that is equal to the vehicle's book value
- receiving $1,000 from an employee who had borrowed $1,000 from the company several weeks earlier
- receiving cash from an investor for new shares of the company's common stock
When a company makes a $200 cash sale (or performs services for $200 of cash) the company will have both $200 of revenues and $200 of cash receipts.
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