Cash: Difference between revisions
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1. ''Liquidity.'' | 1. ''Liquidity.'' | ||
The most liquid of current assets, cash represents money in hand or in banks or other financial institutions which is immediately available. | The most liquid of current assets, cash represents money in hand - or in banks or other financial institutions - which is immediately available. | ||
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3. ''Financial reporting - balance sheet - assets.'' | 3. ''Financial reporting - balance sheet - assets.'' | ||
The current asset reported, along with cash equivalents, as a single aggregated figure in the primary statement of financial position. | |||
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* [[Fungible]] | * [[Fungible]] | ||
* [[Legal tender]] | * [[Legal tender]] | ||
* [[Liqudity]] | |||
* [[Liquidity risk]] | * [[Liquidity risk]] | ||
* [[Money]] | * [[Money]] | ||
Revision as of 21:35, 26 March 2021
1. Liquidity.
The most liquid of current assets, cash represents money in hand - or in banks or other financial institutions - which is immediately available.
2. Money.
Physical banknotes and coins.
3. Financial reporting - balance sheet - assets.
The current asset reported, along with cash equivalents, as a single aggregated figure in the primary statement of financial position.
