Financial Accounting: Cash Budget and Differentiation between Cash and Profit

   

Added on  2023-06-09

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Financial Accounting: Cash Budget and Differentiation between Cash and Profit_1
Contents
TASK 1.1.........................................................................................................................................3
Create a cash budget of Surya trading company for the year ending 31st December, 2022........3
TASK 2.1.........................................................................................................................................3
A. In your opinion, are cash and profit similar? Recommend any company proceedings that do
not include an instant flow of cash?............................................................................................3
Differentiation between:..............................................................................................................4
Explain the following terms.........................................................................................................6
REFERENCES................................................................................................................................8
Financial Accounting: Cash Budget and Differentiation between Cash and Profit_2
TASK 1.1
Create a cash budget of Surya trading company for the year ending 31st December, 2022.
TASK 2.1
A. In your opinion, are cash and profit similar? Recommend any company proceedings that do
not include an instant flow of cash?
There is no cash and profits in position of accounting are not similar, they are different
from each and every one in multiple ways:
Cash: In economics terms, it is tough cash in sensual and tangible sort of currency, for
immediate, paper money and coins. In context of auditing and financial accounting, cash depends
Financial Accounting: Cash Budget and Differentiation between Cash and Profit_3

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