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Cash and cash equivalents

12 Months Ended

Mar. 31, 2023

Cash and cash equivalents

Cash and cash equivalents

4. Cash and cash equivalents

Cash consisted of the following:

​

​	​	​	​	​	​	​
​	​	As of March 31,
​	​	2023		​	2022
Cash on hand		$	396		$	429
Bank balances	​		20,998,172	​		23,833,460
Other monetary funds	​		218	​		236
Total	​	$	20,998,786	​	$	23,834,125

​

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- References

No definition available.

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- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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