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Solent

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#1

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25 April 2008, 09:05

Quickie, simple question for a Friday. On the Balance Sheet of a accounts what is the definition of cash in hand? I understand cash In Bank which is self explanotory, should ask my accountant really I know.
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Alan @ BroomeAffinity

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Alan @ BroomeAffinity has more data than eek

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#2

25 April 2008, 10:03

Its exactly what it says. Cash. Pound notes. In a contractors case that's probably £NIL unless you withdraw cash from the bank that hasn't been spent.
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Solent

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25 April 2008, 10:13

Thanks, logical I guess, so Accountant looked at what was withdrawn /petty cash book and difference to receipts
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