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Q: After each business day you should collect all the cash?
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What is the conclusion on cash management?

Cash is the lifeblood of each and every business. If a firm maintain its cash level at optimum way then it should succeed in long-term. Unless a firm fail to maintain optimum cash level then it has lose its business.


What should happen after each business day in accounting?

Both cash and bank balances at the end of each business day should be tallied with both the physical figure and that with the bank statements, which should be forwarded next day as opening balances.


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The key to winning in the cash flow business is to watch that you do not overspend and that on average each transaction has a profit. The occasional loss is OK, as long as in the long run you profit.


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Each individual check cashing store will have their own set limits on the highest amount you can cash. These vary depending on how much cash the business keeps available.


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What is the Cash Flow of Income on Both Business and personal Account?

Cash inflows for businesses and personal accounts help both entities. The more inflows, the more financially stable each will be.


Should ethics be imposed on business?

Ethics should not be imposed on business. Each business should have its own inside code of ethics and shouldn't need someone else to tell them what to do.


Can you change coins in farmville for farm cash?

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