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Petty cash refers to a small amount of money put aside by a company to address insignificant charges that don't demand the use of checks or banking providers. These costs might include things like Office environment provides, employee reimbursements, or compact buys.Any time a petty cash custodian replenishes funds, the accounting journal entries a

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Cash flow: Lenders typically require borrowers to possess a secure supply of earnings to ensure repayment. The minimum amount cash flow necessity may perhaps fluctuate, but it's popular for lenders to demand a monthly cash flow of at the least $1,000.Also, you should want to research what your debt-to-money ratio is and ensure that you can hold tha

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