Cash is anything which is created as a meaning of exchange.
Cash takes many different forms . Coin ,currencies on hand,
gold and silver cash at bank etc are the example of cash it
also includes various form of cheque received from customer.
The key feature of cash is that it should be readily available to
pay debts or obligation.Although cash occupies a small portion
of total ass est in business organisation but it plays an important role
for smooth operation of any business organisation.
No comments:
Post a Comment