MountFujiMystic
Sat Sep 21 2024
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7 answers
2348
What is cash on books?
Could you please explain what exactly is meant by the term "cash on books"? Is it referring to the actual physical cash that a company possesses or is it a financial record of the cash that the company has on hand? How is it different from the cash that is actually in the company's bank accounts? And how does it play a role in a company's financial health and stability? Additionally, how is it affected by factors such as transactions, investments, and expenses?
