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What is the main accountancy that serves us the money but not in cash and not in our banks ? But we can use it in cash anywhere |
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Answer» A cash account is a brokerage account in which a customer is required to pay the full amount for SECURITIES purchased, and buying on MARGIN is prohibited. ... In accounting, a cash account, or cash book, may refer to an account in which all cash transactions are recordedExplanation:ADD together your total bank account BALANCES, total money you have yet to deposit and total physical cash to CALCULATE your total cash on hand. Concluding the example, add $32,000, $2,000 and $6,250 for $40,250 in cash on hand |
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