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Q.

In Accountancy, what are, `Cash Equivalents'?

Tags: education, accountancy, equivalents
Asked by Whizkid, 30 Apr '12 06:19 pm
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Answers (3)

 
1.

Cash equivalents are bank accounts, marketable securities (short-term investments) and treasury bills.
Answered by Anil K Chugh, 30 Apr '12 06:23 pm

 
  
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2.

Which are liquid assets-Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper
Answered by Rose, 30 Apr '12 06:20 pm

 
  
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3.

Hi Friends,

In Accountancy cash equivalents are the most liquid assets found within the asset portion of a company's balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper. Cash equivalents are distinguished from other investments through their short-term existence; they mature within 3 months whereas short-term investments are 12 months or less, and long-term investments are any investments that mature in excess of 12 months.

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Answered by Probondins, 25 Sep '12 05:41 pm

 
  
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