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    mboyd's Avatar
    mboyd Posts: 1, Reputation: 1
    New Member
    		  
    #1

    May 31, 2007, 09:23 PM
    Cash on hand
    What is the formula to tell how much cash is on had?
    omsailogistic's Avatar
    omsailogistic Posts: 39, Reputation: -1
    Junior Member
    		  
    #2

    May 31, 2007, 11:38 PM
    No Formulae Is Available To Know " How Much Is Equal To Cash In Hand "
    But By Following General Practice Of Accounting And Auditing We Have Two Methods To Know The Amount Of Cash In Hand

    1 To Count It Physically

    Or

    2 Try To Make Cash Flow Statement, Which Actually Tells U How Much Inflow
    And Outflow Has Taken Place.

    Cash Inflow - Cash Outflow = Cash In Hand

    See Some Books Or Cash Flow Softwares Over Net

    Hope This Helps U A Bit : )
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