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Chapter 2 Cash and Cash Equivalents PDF

13 Pages·2021·English
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by ['5555-899341']| 2021| 13 pages| English

About Chapter 2 Cash and Cash Equivalents

The document defines cash and cash equivalents and discusses their accounting treatment. It notes that cash includes currency, demand deposits, and certain checks. Cash equivalents are short-term, highly liquid investments convertible to cash within 3 months. Items are aggregated and reported as "Cash and cash equivalents." Foreign cash is translated at current rates, and petty cash funds are set aside for small disbursements.

Detailed Information

Author:['5555-899341']
Publication Year:2021
Pages:13
Language:English
Format:PDF
Price:FREE
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