“Money” refers to the assets owned by a business in the form of cash, bank deposits and.
The monetary fund is the starting point and the end point of the enterprise capital movement, and is the prerequisite of the enterprise production and management.
As the process of reproduction proceeds, frequent monetary balance and expenditure will be formed.
An enterprise obtains cash investment, cash donation, bank loan, sales of products and so on, which will form the income of monetary funds;
Money is spent on purchasing materials, paying wages, paying other expenses, repaying loans, and paying taxes.
In daily economic transactions, there is often a time interval between the receivable and payable of monetary funds and the actual receipt and payment, which forms the current settlement accounting.
