CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Cash is represented by those monetary items immediately available to management for business purposes. Cash includes commercial and savings deposits in banks and else where, available on demand and money items on hand that can be used as a medium of exchange or that are acceptable for deposit at face value by a bank. Cash is involved in most business transactions. This ...
Read moreCHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Cash is represented by those monetary items immediately available to management for business purposes. Cash includes commercial and savings deposits in banks and else where, available on demand and money items on hand that can be used as a medium of exchange or that are acceptable for deposit at face value by a bank. Cash is involved in most business transactions. This ...
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