UNAPPLIED CASH Meaning and
Definition
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Unapplied cash refers to funds or payments that have not been allocated or matched to a specific purpose or transaction. It is a term commonly used in accounting and financial management.
When a payment is received or cash is generated, it is usually intended to be applied towards a specific invoice, bill, or expense. However, there are instances where the cash is received without a clear designation or the payment does not have a matching record. This unallocated cash is referred to as unapplied cash.
Unapplied cash can arise due to various reasons. For example, a customer may make a payment without providing any details regarding the specific invoice or account it is associated with. Similarly, a company may generate cash through sales or other sources but is unable to immediately allocate those funds to specific purposes.
Typically, businesses strive to allocate cash receivables promptly and keep unapplied cash to a minimum. Unapplied cash can lead to confusion in financial statements or discrepancies in accounting records. Therefore, companies often have procedures in place to ensure that payments are matched to corresponding invoices or accounts.
In summary, unapplied cash refers to funds or payments that have not been applied or assigned to a specific transaction or purpose. Keeping track of and properly addressing unapplied cash is an important aspect of maintaining accurate financial records and cash flow management for businesses.
Common Misspellings for UNAPPLIED CASH
- ynapplied cash
- hnapplied cash
- jnapplied cash
- inapplied cash
- 8napplied cash
- 7napplied cash
- ubapplied cash
- umapplied cash
- ujapplied cash
- uhapplied cash
- unzpplied cash
- unspplied cash
- unwpplied cash
- unqpplied cash
- unaoplied cash
- unalplied cash
- una-plied cash
- una0plied cash
- unapolied cash
- unapllied cash
Etymology of UNAPPLIED CASH
The word "unapplied" comes from the Latin word "inapplicātus", which means "not applied". The word "cash" is derived from the Middle French word "caisse", meaning "money", and ultimately traces back to the Latin word "capsa", meaning "box" or "chest". So, the etymology of "unapplied cash" combines the Latin root "inapplicātus" with the Middle French word "caisse" to refer to money that has not been assigned or allocated to a specific purpose or account.
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