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Which one of the following is classified as a cash or cash equivalent? Select one: a. Prepaid insurance b. Restricted bank account that cannot be used for operations c. Bank overdraft d. Government debt investment with 30 days to maturity e. Post-dated cheque

Which one of the following is classified as a cash or cash equivalent? Select one: a. Prepaid insurance b. Restricted bank account that cannot be used for operations c. Bank overdraft d. Government debt investment with 30 days to maturity e. Post-dated cheque

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5DQ
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Which one of the following is classified as a cash or cash equivalent?
Select one:
a.
Prepaid insurance
b.
Restricted bank account that cannot be used for operations
c.
Bank overdraft
d.
Government debt investment with 30 days to maturity
e.
Post-dated cheque
Which one of the following is classified as a cash or cash equivalent? Select one: a. Prepaid insurance O b. Restricted bank account that cannot be used for operations Ос. Bank overdraft O d. Government debt investment with 30 days to maturity е. Post-dated cheque
Transcribed Image Text:Which one of the following is classified as a cash or cash equivalent? Select one: a. Prepaid insurance O b. Restricted bank account that cannot be used for operations Ос. Bank overdraft O d. Government debt investment with 30 days to maturity е. Post-dated cheque
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