FIGURE 22-1 Relationships of Cash in the bank and Transaction Cycles pital Acquisition and Repayment Cycle Acquisition and Payment Cycle Cash in the bank an d Transaction Cycles and commissions Payment Accounts receivable Withheld income taxes @2000 Prentice hall. IncArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. Cash in the Bank and Transaction Cycles