Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts
8. Liquid Assets
Easily convertible into cash without a significant loss in value.
Examples: cash, cash equivalents, and accounts receivable.
9. Illiquid Assets
Assets
I wonder what happens to the cash we give to the delivery executive on cash on delivery orders, do they hand over the exact cash to the superiors or they keep it with them and transfer money online, does some amount of Chalugiri happen in this?
If a student wants to freelance then which skill should he learn in the areas of coding to make quick cash although that skill should not take much time to learn?
Like if he has only 3-6 months
How much cash do you guys carry in your wallet?
In this era of UPI apps, it's hard to save. Thinking about keeping cash in my wallet, but it comes with a risk of being stolen or worse. What's an acceptable/ comfortable amount of cash that you guys k