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Is it possible to cash a cashier's check immediately?
Yes, it is possible to cash a cashier's check immediately at the bank or financial institution that issued the check.
Will a bank cash a cashier's check immediately?
Yes, a bank will typically cash a cashier's check immediately as it is considered a guaranteed form of payment.
Is cash sales banked immediately a contra entry?
YesBecause the entry deals with both cash and bank
Cash value of policy?
Cash value of a policy is the value or worth of the policy in the local currency, if surrendered immediately.
Is inventory a cash equivalent?
Yes it depends of inventory nature if inventory can immediately be sold to sales then it is cash equivalent.
What is the business term for assets which can be immediately turned into cash?
liquid assets
What services are offered at Cash America cash advance?
Cash America cash advance offers a variety of services. They include cash advances, short-term loans, payday advances, etc. Upon approval, one can get cash almost immediately.
How many type of transactions are there?
Two types of transactions: Cash Transactions- Where payment is made immediately by cash or cheque. Credit Transactions- Where the goods or services hands immediately but payment take place at a later time.
What are dormant inventories?
The costs of dormant inventories--goods not immediately convertible into cash
What is the difference between Cash and cash equivalents and Cash provided by operating activities?
Difference between cash and cash equivalent is that cash equivalent is not cash like other cash but it is so liquid that it can be converted to cash immediately when required like marketable securities while cash provided from operating activities means cash generated by selling goods to customers.
Do increase of notes receivable increase or decrease cash flow?
Increase in notes receivable reduces the cash flow because if sales are made in cash then cash will immediately increase but if sales are made on credit it means company has not received the cash and that's why it reduces the cash.
Why should sales receipts of cash from credit customers be recorded and posted immediately?
Sales to and receipts of cash should be recorded immediately to provide a clear overall business picture and allow positive business decisions to benefit of the company or business for that period.
