Definition of Cash account. Meaning of Cash account. Synonyms of Cash account

Here you will find one or more explanations in English for the word Cash account. Also in the bottom left of the page several parts of wikipedia pages related to the word Cash account and, of course, Cash account synonyms and on the right images related to the word Cash account.

Definition of Cash account

Cash account
Cash Cash, n. [F. caisse case, box, cash box, cash. See Case a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [pounds]20,000 are known to be in her cash. --Sir R. Winwood. 2. (Com.) (a) Ready money; especially, coin or specie; but also applied to bank notes, drafts, bonds, or any paper easily convertible into money. (b) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. Cash account (Bookkeeping), an account of money received, disbursed, and on hand. Cash boy, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier, and returns the proper change. [Colloq.] Cash credit, an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also bank credit and cash account. Cash sales, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.
cash account
Cash Cash, n. [F. caisse case, box, cash box, cash. See Case a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [pounds]20,000 are known to be in her cash. --Sir R. Winwood. 2. (Com.) (a) Ready money; especially, coin or specie; but also applied to bank notes, drafts, bonds, or any paper easily convertible into money. (b) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. Cash account (Bookkeeping), an account of money received, disbursed, and on hand. Cash boy, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier, and returns the proper change. [Colloq.] Cash credit, an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also bank credit and cash account. Cash sales, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.

Meaning of Cash account from wikipedia

- In business practice, cash account refers to a business-to-business or business-to-consumer account which is conducted on an immediate payment basis i...
- The cash method of accounting, also known as cash-basis accounting, cash receipts and disbur****ts method of accounting or cash accounting (the EU VAT...
- the customer, two accounts again change on the company side, the cash account is debited (increased) and the Accounts Receivable account is now decreased...
- sales journal; all cash payments are recorded in the cash payments journal. Each column in a journal normally corresponds to an account. In the single entry...
- including debit cards, savings accounts, bitcoin and stock investing, tax filing and personal loans, and was rebranded as Cash App. As of 2024, the service...
- accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines...
- of money. Cash flow, in its narrow sense, is a payment (in a currency), especially from one central bank account to another. The term 'cash flow' is mostly...
- In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current ****ets...
- credit. When cash is deposited in a bank, the bank is said to "debit" its cash account, on the ****et side, and "credit" its deposits account, on the liabilities...
- accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and...