which of the following should not be considered cash by an accountant? a.coins b.certificates of deposit c.traveler's checks d.money orders

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28-10-2022
Business

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which of the following should not be considered cash by an accountant? a.coins b.certificates of deposit c.traveler's checks d.money orders

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an account that allows you to save money, as well as make deposits and withdrawals.

baliyansmiriti baliyansmiriti · Answer 1 · 2022-11-01T02:21:25-04:00

The following should not be considered cash by an accountant traveler's checks.

Cash accounting is an accounting approach where charge receipts are recorded at some point of the duration wherein, they may be acquired, and prices are recorded withinside the duration wherein they may be definitely paid. In different words, sales and prices are recorded while coins is acquired and paid, respectively. Cash equivalents encompass U.S. authorities Treasury bills, financial institution certificate of deposit, bankers' acceptances, company business paper, and different cash marketplace gadgets. All of those economic gadgets frequently have a quick maturity, exceedingly liquid marketplace, and occasional risk.

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