Which of the following items is included under cash in hand?

Choose the correct answer

Explanation

Postage stamps are considered a part of cash in hand as they are tangible assets readily available for use. Bills Receivable, cheques deposited with the bank, and endorsed bills receivable are not classified under cash in hand since they represent claims or bank transactions rather than physical cash or cash equivalents.

Which of the following items is included under cash … — Accounting Mcqs | PakQuizHub