A cash flow statement means statements relating to information regarding the inflow and outflow of cash. Nowadays, in preparing financial statements, the cash flow statement …
Cash Control is an important part of business as it is required for proper cash management, monitoring and recording of cash flow and analyzing cash balance.
3 types of discount are trade discount, quantity discount, and cash discount that are used in business, trade, and sales of all kinds.
Cash Book contains cash transactions passing into and out of a business. 2 types of Cash Book are (1) general cash book and (2) petty cash book. General cash book is subdivided in the single column, double column, and treble column cash book.