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Accounting
Banking

Checking Deposit

A deposit, specifically a demand deposit, against which cheques/ checks or drafts are written (and funds are drawn either in...

Checkable Deposit

A deposit, specifically a demand deposit, against which checks or drafts are written (and funds are drawn either in cash...

Demand Deposit

A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…

DDA

It stands for demand deposit account; a type of bank account that allows its holder to withdraw money from it...

Demand Deposit

A type of deposit (bank deposit account) from which money can be withdrawn on demand- i.e., at any time without...

Super NOW Account

An interest-bearing checking account (demand deposit) that pays a higher rate of interest and requires a higher minimum balance than...

Cash Equivalents

Second to cash, cash equivalents are the most liquid current assets as presented on an entity's balance sheet (statement of...

CCE

It stands for cash and cash equivalents; in accounting, cash and cash equivalents are the most liquid current assets as...

Cash and Cash Equivalents

In accounting, cash and cash equivalents are the most liquid current assets as presented on an entity's balance sheet (statement...

Cash

In accounting, cash is defined as cash in hand and demand deposits. This includes all sources of money that are...