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A favorable balance in the cashbook implies that the cash inflows exceed cash outflows, indicating a positive cash position for the business. This surplus can enhance liquidity, allowing the company to meet its financial obligations, invest in opportunities, or save for future needs. It reflects effective cash management and can be a sign of financial stability.
What else can I help you with?
Does the US have a favorable or unfavorable balance of trade?
Favorable
What was the goal of mercantilism?
creation of a favorable balance of trade
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
What was one goal of mercantilism?
creation of a favorable balance of trade
Which was an aspect of mercantilism?
An interest in having a favorable trade balance
What might be the problem if the cashbook balance does not match with bank balance?
no more hookers
Causes of differences between of the cashbook balance and the bank statement balance?
1.deposit in transit 2.outstanding cheque 3.memoranda
Does the US have a favorable or unfavorable balance of trade?
Favorable
What does the cashbook website offer?
The Cashbook website offers the Cashbook software which improves cash management. It is used in many countries such as Germany and the United States or America.
What was the goal of mercantilism?
creation of a favorable balance of trade
Which was a feauture of mercantilism?
seeking a favorable trade balance
What is cashbook?
A cashbook is a special subsidiary book which primarily records all cash receipt and cash payments
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
What was one goal of mercantilism?
creation of a favorable balance of trade
Which was an aspect of mercantilism?
An interest in having a favorable trade balance
Is Mexico's balance in trade favorable or unfavorable?
Right now (June 2014), it is favorable by some USD 423 million.
Does Mexico have a favorable balance of trade?
NO, US$16.8 billion in 2008
