WHICH ACCOUNT IS REFERRED TO AS CASH ACCOUNT

Which account is referred to as cash account

From the context of private finance or banking, a "cash account" usually refers to a primary checking or personal savings account where you deposit and withdraw money in the shape of physical currency (hard cash) or electronic transfers. Such a account is used for day-to-day transactions, like spending expenses, building buys, or preserving cash.Wh

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Which account is known as cash account

While in the context of non-public finance or banking, a "cash account" normally refers into a standard examining or savings account where you deposit and withdraw resources in the shape of physical currency (cash) or electronic transfers. This sort of account is useful for working day-to-working day transactions, for example paying charges, making

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