Cash & cash equivalents

Cash & cash equivalents: The most liquid asset on the balance sheet

Cash equivalents:

Easily converted to cash, original maturity 90 days or less

Examples: Negotiable paper, bank CDs, money market accounts, petty cash, savings accounts, checks not mailed

H_4F_Cash_and_cash equivalents

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Learn financial accounting using beautifully illustrated flashcards, coordinated lessons, and rich audio. Whether you are an aspiring CPA or IFRS expert, use this accountancy app to reach your goals. Even an aspiring chartered accountant or those reaching for the CPA Australia can benefit. Topics of accounting standards, equation, terms, ratios, and more are covered.

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By John Gillingham CPA| 2018-01-22T10:24:35+00:00 August 5th, 2015|0 Comments

About the Author: John Gillingham CPA

John Gillingham is a CPA and Accounting App Developer in San Francisco, California. Check the iOS App Store for Accounting Flashcards and the Debits & Credits Game. On Android: Learn Accounting Flashcards. Also on Kindle and iBooks.