0
Cash provides immediate liquidity, allowing for quick transactions and budget control, which can help individuals manage their finances effectively. However, carrying large amounts of cash poses risks such as theft or loss, and it can be less convenient for larger purchases. Additionally, cash does not earn interest, which means it can lose value over time due to inflation. Therefore, while cash is useful in certain contexts, it also has drawbacks that should be considered.
What else can I help you with?
How is bad debt treated in the preparation of cash budget?
Bad debt from creditors is not included in cash outflow of a cash budget. It is treated at a receipt that has not been collected.
Owners withdrawal may be classified as?
uses of cash
How did Hutton Company uses a sales journal a purchases journal a cash receipts journal a cash disbursement?
check your answer
What are the objectives of cash flow statement?
To know the liquidity position of a firm. To know the principle source of cash. To know the uses of cash. To be used widely by banks,financial institutions and other credits granting institutions for judging repayment capacity of a firm. To analyse inflow and outflow of cash.
Journal entry for bad debt and recovery?
Debit bad debtsCredit accounts receivableRecoveryDebit cash /bankCredit bad debts recovery
What are uses of money which are good and bad?
sss
What are the good and bad things about clocks?
good: usful for time managments BAD: uses battery
Are cash crops good or bad?
Good because they are grown to feed many, many people. They can be bad since they take fertilizer and fuel to raise and is a monoculture crop that takes over natural forests or grasslands and uses up water if it needs irrigation systems. However, the good outweigh the bad since such the harvested crops are always needed by the human population.
Uses of mobile phones by students of secondary level - good or bad?
Good!
Are bombs good?
Bombs are simply things and thus have no morality; of themselves they are neither good nor bad. It is the uses humans, which have morality, put them to that are good or bad.
Can you display an essay in Hindi language on the good and bad uses and effects of plastic?
bad efects of plastics
Are cash advance loans a good idea for someone with bad credit?
No the interest rate is to high.
Cash out on a car insurance claim. the check is a 2 party check with the lienholder?
I did! Take it to the bank. If they cash it, good! If not too bad. The worst they can do is say no!!
What are a company's main uses of cash?
the company's main uses of cash are ,to buy equipmentand to pay employees
What are the good and bad uses of water?
For water there are many uses. These include torlits warta boddle brusin teef
What is the good and bad points of using plastic?
innumerous uses but at a huge cost
How do you use cash in a sentence?
Tom never uses credit cards to pay money,he always uses cash.
