1. Currency and coins. Cash is also known as legal tender. 2. The currency, coins, bank balances, and (negotiable) money orders and checks that a business owns. 3. Assets that are highly liquid or marketable, with little or no risk of market loss.
1. Currency and coins. Cash is also known as legal tender. 2. The currency, coins, bank balances, and (negotiable) money orders and checks that a business owns. 3. Assets that are highly liquid or marketable, with little or no risk of market loss.