Cash & cash equivalents

/Cash & cash equivalents

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

About the Author:

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.

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