The question is in the picture.Please answer, thank you. Which of the following is not considered as a cash equivalent?O A 60-day money market placement.O A 90-day T-bill.O A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Oct. 1 of currentyear.O A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Dec. 1 of the currentyear.

Cash and Cash Equivalents includes bank accounts, cash in hand, or marketable securities which are…

Which of the following is not considered as a cash equivalent? O A 60-day money market placement. O A 90-day T-bill. A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Oct. 1 of current year.

Which of the following is not considered as a cash equivalent? O A 60-day money market placement. O A 90-day T-bill. A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Oct. 1 of current year.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 2EA: Consider the following accounts and determine if the account is a current liability, a noncurrent...

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Question

The question is in the picture.

Please answer, thank you.

Which of the following is not considered as a cash equivalent?
O A 60-day money market placement.
O A 90-day T-bill.
O A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Oct. 1 of current
year.
O A 3-year treasury note maturing on Jan. 31 of the next year purchased by the entity on Dec. 1 of the current
year.

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