Which of the following would not be considered a cash equivalent? A 30-day certificate of deposit. A ten-year treasury note purchased over nine years ago, which matures in two months. A three-month Treasury bill. A ten-year Treasury note purchased two months before maturity.
Which of the following would not be considered a cash equivalent? A 30-day certificate of deposit. A ten-year treasury note purchased over nine years ago, which matures in two months. A three-month Treasury bill. A ten-year Treasury note purchased two months before maturity.
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 22MC: A company collects an honored note with a maturity date of 24 months from establishment, a 10%...
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Which of the following would not be considered a cash equivalent?
A 30-day certificate of deposit.
A ten-year treasury note purchased over nine years ago, which matures in two months.
A three-month Treasury bill.
A ten-year Treasury note purchased two months before maturity.
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