Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Cash?
Summarize this article for a 10 year old
In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.
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