CASH IN BANK Definition

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CASH IN BANK literally means coin, currency, and cash items on deposit.

Learn new Accounting Terms

BILL is a : to enter in an accounting system : prepare a bill of (charges) b : to submit a bill of charges to c : to enter (as freight) in a waybill d : to issue a bill of lading to or for; e.g., "billable expenses" are those expenses for which reimbursement invoices are issued.

BANK BALANCE is the amount of money in a bank account on a particular date as recorded by a financial institution on a bank statement.

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