Cash

From ACT Wiki
Jump to: navigation, search

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.


See also