In accounting, cash includes coins; currency; deposited negotiable instruments such as checks, bank drafts and money orders; amounts in checking and savings accounts and demand certificates of deposit.
2 types of Cash Book for recording cash transactions. General cash book is subdivided in Single column, double column and treble column cash book.
Two types of Petty Cash Book maintained by small or large companies for easy, quick and accurate recording of all cash transactions.
The Cash Book is defined as the book in which a person writes or enters the sums of money received and paid by him.
Primary objective of cash flow statement is to help management taking decision by providing present information of cash inflow and outflow.
Learn how to find missing figures in the Company cash flow statements and techniques of fixing the missing figures in Cash Flow Statement.
Three Types of Discount are Trade discount, Quantity discount, and Cash discount that are used in business, trade and sales of all kinds.