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Simple English definitions for legal terms

cash book

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A quick definition of cash book:

A cash book is a special book that a business uses to keep track of all the money that comes in and goes out. It helps the business know how much money they have and where it is going.

A more thorough explanation:

A cash book is a record of all the cash transactions made by a business. It includes all the money received and paid out by the business.

For example, if a business receives cash from a customer, it will be recorded in the cash book as a cash receipt. Similarly, if the business pays cash to a supplier, it will be recorded in the cash book as a cash payment.

The cash book is important because it helps the business keep track of its cash flow. By recording all the cash transactions, the business can see how much money it has coming in and going out. This information is useful for making financial decisions and planning for the future.

cash-basis accounting method | cash budget

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

TenFiftyILuvUGang

9:06

someone will have made it on reddit by the end of the day

180letmein

9:21

Brooo that shit different

180letmein

9:21

How'd Harvard drop so far

180letmein

9:22

CLS doesn't deserve to be in the T14s with the way they're acting these days ngl

180letmein

9:22

But that's just my opinion

babycakes

9:33

Harvard was like 4 and it dropped to 6. Not that crazy

babycakes

9:34

It has been benefiting from a presumption of prestige for a while

180letmein

9:35

True true

180letmein

9:35

I feel like the expectation is that Harvard will always be the top

TenFiftyILuvUGang

9:40

anxiety by doechi gotta be the worst song of the year no cap

TenFiftyILuvUGang

9:40

downright atrocious

HardHittingTraderDog

9:41

@180letmein and yet they dropped to 6... reputationally the brand is valuable...Law-School-wise - not nearly as valuable as they used to be...

HardHittingTraderDog

9:41

also agree with you on Columbia

HardHittingTraderDog

9:41

no offense to anyone going

TenFiftyILuvUGang

9:41

i forget the methodology they use but it could be the huge class sizes that make harvard drop

HardHittingTraderDog

9:42

its a number of factors... Spivey Consulting had the closest gues to these results. It was impressive.

HardHittingTraderDog

9:42

This year they added a newer 'outcomes' factor.

TenFiftyILuvUGang

9:43

cornell at 18 doesnt make sense to me

TenFiftyILuvUGang

9:45

is there really an argument that cornell and unc are the same rank

TenFiftyILuvUGang

9:46

cornell has 1% less clerkships than unc but 52% more BL outcomes

TenFiftyILuvUGang

9:47

cornell higher bar passage and way harder to get into

TenFiftyILuvUGang

9:47

2+2 is 4 minus 1 thats 3 quick maths

TenFiftyILuvUGang

9:47

everyday mans on the block

TenFiftyILuvUGang

9:47

smoke trees

180letmein

9:49

Hahahaha

180letmein

9:50

I mean we all the know the rankings are based off dumb factors

180letmein

9:50

Michigan and Chicago will always be #1 in my heart

180letmein

9:50

What do ya'll think medians are gonna look like for next cycle. Kind of scared for my life rn.

TenFiftyILuvUGang

9:52

slightly higher than now

TenFiftyILuvUGang

9:53

prob a little more hellish than this cycle

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