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What are the various examples of Petty Cash?
Expenses in forms ofConveyancePostageStationary & PrintingRepairs & Maintenance (Minor) are some examples
What are examples of cash inflow?
Leasing, product sales and interest on bank accounts are all examples of cash inflow
Examples of current asset?
Examples of current assets are cash(in hand or at bank),
What is the journal entry when the owner transfers cash from a personal bank account to an account to be used for business?
debit- cash transfer to the account / credit- owner capital
What is the meaning of indirect transfers as the method of transferring money?
Indirect transfer as a method of money transfer is made from one bank account to another bank account. This is a cash transfer made in any cash office.
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