Idaho 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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Form popularity

FAQ

Crop cash receipts totaled $198.8 billion in 2020. Receipts from corn and soybeans accounted for nearly $89.4 billion (45.0 percent) of the total.

Nebraska had the highest cash receipts for cattle in 2020 followed by Texas, Kansas, Iowa & Colorado.

This results in the NASS Other States cash receipts (i.e., sales) data allocated to the underlying States by the best available commodity data on sales, production, inventory, or number of producers available from the Census of Agriculture (COA).

California's agricultural output for 2019 was more than $50 billion in cash receipts, which was slightly higher than the previous year's output.

In 2020 California's farms and ranches received $49.1 billion in cash receipts for their output.

California's 70,000 farms sold farm commodities worth $50 billion in 2019, almost twice the $28 billion in farm sales of Iowa.

Cash receipts procedureApply Cash to Invoices. Access the accounting software, call up the unpaid invoices for the relevant customer, and apply the cash to the invoices indicated on the remittance advice that accompanies each payment from the customer.Record Other Cash (Optional)Deposit Cash.Match to Bank Receipt.

Which are the top 10 agriculture-producing States? In 2020, the top 10 agriculture-producing States in terms of cash receipts were (in descending order): California, Iowa, Nebraska, Texas, Kansas, Minnesota, Illinois, Wisconsin, Indiana, and North Carolina.

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.

What's Your State's 5 Most Profitable Commodities?Poultry and eggs $4,151,135,000.Cattle and calves $434,598,000.Grains, oilseeds, dry beans and dry peas $336,182,000.Nursery, greenhouse, floriculture and sod $294,389,000.Cotton and cottonseed $260,246,000.

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Idaho Cash Receipts Journal