Cash: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add 3rd definition related to cash and financial reporting.)
imported>Doug Williamson
m (Add link.)
Line 23: Line 23:
* [[Cashflow]]
* [[Cashflow]]
* [[Cashflow statement]]
* [[Cashflow statement]]
* [[Current assets]]
* [[Funds]]
* [[Funds]]
* [[Fungible]]
* [[Fungible]]

Revision as of 11:16, 24 December 2020

1.

The most liquid of current assets, cash represents money in hand or in banks or other financial institutions which is immediately available.


2.

Physical banknotes and coins.


3. Financial reporting - balance sheet - assets.

Current asset reported, along with cash equivalents, as a single aggregated figure in the primary statement of financial position.


See also