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Business Studies Question

Hi,
Does anyone know what the phrase 'cash at bank and in hand' means?
I'm doing a case study and have to answer 'What is the difference between 'cash at bank and in hand' and an overdraft?

Thanks.

Reply 1

Changing Skies

Original post by catlover_

Hi,
Does anyone know what the phrase 'cash at bank and in hand' means?
I'm doing a case study and have to answer 'What is the difference between 'cash at bank and in hand' and an overdraft?

Thanks.

Hello there! :h:

I'll just move this to the business section so you hopefully get a bit of help! :smile:

Posted from TSR Mobile

Reply 2

username1709655

Original post by Changing Skies

Hello there! :h:

I'll just move this to the business section so you hopefully get a bit of help! :smile:

Posted from TSR Mobile

Thankyou!!! :smile:

Reply 3

GcseMaths

"Cash at the bank" means that you have cash which is secured and cannot be stolen if your house was to be broken into (for example). "Cash in hand" means that you have cash in your pocket basically and you can go to the shop and pay with that cash.