From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

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 statements of financial position and statement of cash flows.

See also