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What is cash balancing problem?

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Anonymous

15y ago
Updated: 8/18/2019

A cash balancing problem is when a person or company's outgoing is greater than its income meaning that they are losing money and don't know how to properly negotiate all of their expense. Usually people who get money and spend it right away could be said to have a "cash balancing problem."

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15y ago

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What is Cash Balances?

A cash balancing problem is when a person or company's outgoing is greater than its income meaning that they are losing money and don't know how to properly negotiate all of their expense. Usually people who get money and spend it right away could be said to have a "cash balancing problem."


What profit is the difference between the incoming cash and outgoing cash?

cash balancing


Funds availability for cash deposits at ATM?

typically until the person balancing the ATM opens the envelopes to verify the cash


Are cheques included in cash flow statement?

Yes, cheques are included in cash flow statements. Currency and coins are counted as well when balancing accounts receivable.


What is the most appropriate action when balancing a petty cash account?

When balancing a petty cash account, the most appropriate action is to conduct a thorough reconciliation between the cash on hand and the receipts for expenditures. Start by counting the physical cash and comparing it to the total amount allocated for petty cash minus the receipts. Any discrepancies should be investigated and resolved, ensuring that all transactions are properly documented. Finally, if needed, replenish the petty cash to maintain the original balance for future use.


What was the problem with growing cash crops?

a huge, cheap, work force was needed to grow it.NovaNETThere is no problem with growing cash crops that I am aware of. Hay is a cash crop I grow.


What money-handling tasks have you performed IE Balancing a cash drawer cash register usage bank deposits credit card transaction etc?

If a person worked as a cashier, they might be able to list all of their former jobs held that dealt with the handling of money when asked what cash register, bank deposits, credit card transactions, and IE balancing have been performed in the past.


The problem growing cash crops such as tobacco was that?

A problem with cash crops is that they are labor-intensive and not economical without have enough labor to attend to them. When there are many workers to plant and harvest cash crops, then there is more profit.


Is the idea of recycling ink cartridges for cash a myth?

Nope! You can do it! Go to office max and they will give you the cash back! The only problem? The only problem is that you can only use the cash back at OfficeMax the store!


Which business process area maintains general ledger accountsprocess journal vouchers performs periodic cash balancing activities and conducts period end and year-end closings?

The accounting department is responsible for the general ledger, personal journal vouchers, periodic cash balancing and end of year closings. They handle everything financial for a business.


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What is the problem to be solve in Chrysalises for cash case study?

In the "Chrysalises for Cash" case study, the primary problem revolves around the financial sustainability and scalability of a social enterprise that transforms waste materials into sustainable products. The organization faces challenges in balancing its mission of environmental impact with the need to generate sufficient revenue to support its operations. Additionally, it must navigate market competition and consumer awareness to effectively grow its business while maintaining its social and environmental goals.