Undeposited checks that are not postdated (not dated with a future date) are reported as cash. Accountants define cash as more than just currency and coins. For example, unrestricted checking accounts are also reported as cash.
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Undeposited checks that are not postdated (not dated with a future date) are reported as cash. Accountants define cash as more than just currency and coins. For example, unrestricted checking accounts are also reported as cash.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the 游戏电竞线上外围APP v5.2 sole author of all the materials on AccountingCoach.com. Read more about the author.