The Cash Book is defined as the book in which a person writes or enters the sums of money received and paid by him.
Cash flow statement plays an important role in taking decision and planning by investors, creditors and management.
Learn how to find missing figures in the Company cash flow statements and techniques of fixing them easily.
Amount of money deducted from invoice price or amount receivable for sales is called discount.
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.