--%>

Define the term Cash

Define the term Cash in accountancy?

E

Expert

Verified

Cash is one of the significant finance terms and it is as well part of money. When money is in the form of currency, then that money becomes cash. The Cash in business is the asset however when cash is in reserve form for completing future responsibility, then it will be liability of business. Subsequent to, subtracting reserve amount, we can utilize balance cash for our business aims.

   Related Questions in Financial Accounting

  • Q : Analyse the ramifications for

    HOMEWORK ASSIGNMENT FOR ADMINISTRATIVE LAW"The problem in today's complex legal environment is that the law is not able to be divided conveniently into segments. Any apparently discrete sect

  • Q : Different brooks of accounting Write

    Write down the different brooks of accounting?

  • Q : Factors influencing the value of

    Factors influencing the value of Goodwill: A) Proficient managementB) Quality of productC) Place of businessD) Accessibility of raw materialE) Positive contracts

  • Q : Proceeds on disposal The following

    The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost

  • Q : Explain Due Diligence Due Diligence: 1.

    Due Diligence:1. General: Assess of prudence, accountability, and diligence which is expected from, and ordinarily exercised by, a reasonable and prudent person beneath the situations.

  • Q : Stages in the life cycle of a family

    There are seven typical stages in the life cycle of a family with children. Fully explain and give an example to describe each of those seven stages.

  • Q : Describe Long Holding Period Describe

    Describe Long Holding Period briefly with suitable example?

  • Q : Acc company A began operation on

    company A began operation on january 1,2012. The annual reporting period ends December 31.The trial balance on January 1,2013 was as follows

  • Q : What is Market for foreign exchange

    Provide a complete definition of Market for foreign exchange.

  • Q : Deviations from purchasing power parity

    Explain about deviations from purchasing power parity for countries competitive positions within the world market.