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Funding a business
Payment using cash in a business
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[QUOTE="KIP254, post: 73859, member: 26881"] Cash payment is where a legal currency is used as a means of payment. Cash payment may be in form of notes or coins. Notes are issued in different denominations from sh. 50,100,200,500 and 1,000. These ate legal denominations issued by the Central Bank of Kenya. When paying legal currency, it is advisable to use the right denominations. For a debt of sh. 10,000 it is better to pay using notes than coins as notes are convenient to carry. [/QUOTE]
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