Cash basis example sentences

A business unit selling goods on credit, or having a slow sales turnover, for example, would require more working capital as compared to a concern selling its goods and services on cash basis or having a speedier turnover.As generally the sales are made on cash basis, there are no bad debts in super markets.Since all the sales in these shops are made on cash basis, there are no losses on account of bad debts.All sales in the multiple shops are made strictly on cash basis.However, income statement is prepared on accrual basis (and not on cash basis).The consumer cooperative stores normally sell goods on cash basis.Under the cash basis, entries in the book of accounts are made when cash is received or paid and not when the receipt or payment becomes due.The Branch Manager sends daily reports to the head office in respect of the sales, cash deposits, and the requirements of the stock; All the branches are controlled by the head office, which is concerned with formulating the policies and getting them implemented; The prices of goods in such shops are fixed and all sales are made on cash basis.The distribution cost is, therefore, lower; The prices of the products are generally lower than other types of retail stores because of bulk purchasing, lower operational cost, and low profit margins; The goods are sold on cash basis only; and The super markets are generally located at central locations to secure high turnover.Super markets sell their products on cash basis only.