NOUN
- an account with a securities brokerage whose transactions are settled on a cash basis
How To Use cash account In A Sentence
- These accounts were debited for the expenses, with the corresponding credit to the cash account.
- Thus the recognition occurs one step earlier than under cash accounting.
- Thus the recognition occurs one step earlier than under cash accounting.
- Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.
- For example, one organization might adopt budgetary accounting, cash accounting and fund accounting simultaneously.
- Thus the recognition occurs one step earlier than under cash accounting.
- For example, one organization might adopt budgetary accounting, cash accounting and fund accounting simultaneously.
- SAVERS sheltering money in cash accounts have been urged to consider taking more risks to ensure they beat inflation. Times, Sunday Times
- Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.
- After a trader completes a deal, the back-office staff confirm the trades by phone and also reconcile cash accounts at the end of each day.