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  • 2020 CMA P1 A1 Cash

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    Lhen
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    This document discusses cash and cash equivalents as presented on a company's balance sheet. Cash includes physical currency, savings accounts, and checking accounts, while cash equivalents are highly liquid, short-term investments that mature within 3 months. Both cash and cash equivalents are usually presented together as the first line item on a balance sheet.

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    This document discusses cash and cash equivalents as presented on a company's balance sheet. Cash includes physical currency, savings accounts, and checking accounts, while cash equivalents are highly liquid, short-term investments that mature within 3 months. Both cash and cash equivalents are usually presented together as the first line item on a balance sheet.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    12 views7 pages

    2020 CMA P1 A1 Cash

    Uploaded by

    Lhen
    This document discusses cash and cash equivalents as presented on a company's balance sheet. Cash includes physical currency, savings accounts, and checking accounts, while cash equivalents are highly liquid, short-term investments that mature within 3 months. Both cash and cash equivalents are usually presented together as the first line item on a balance sheet.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    Cash and

    Cash Equivalents
    Cash
    First item presented on the balance sheet.
    Usually cash and cash equivalents are
    presented together.
    What is Included in Cash
    Cash on hand
    Savings accounts
    Checking accounts
    What is NOT Included in Cash
    Time certificates of deposit
    Money market funds
    Legally restricted deposits
    Cash Equivalents
    1. Highly liquid
    2. Short-term investments
    3. Three months or less to maturity when
    acquired by the company.
    Disclosing Cash Equivalents
    Usually cash and cash equivalents
    presented together as one line on balance
    sheet.

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