send help Which of the following is not considered as a cash equivalent?O A three-year treasury notes maturing on May 30 of the current year purchased by the entity on April 15 of thecurrent yearO A 90-day T-billO A 60-day money market placementO A three-year treasury notes maturing on May 30 of the current year purchased by the entity on January 15 ofthe current year. Debt securities classified as at amortized cost are initially recognized atO Fair value plus accrued interest.O Fair value plus transaction costs that are directly attributable to the acquisition of the security and accruedinterest.O Fair value plus transaction costs that are directly attributable to the acquisition of the security.O Fair value.

Cash equivalents generally includes Liquid Cash, bank accounts and marketable securities, with…

Which of the following is not considered as a cash equivalent? O A three-year treasury notes maturing on May 30 of the current year purchased by the entity on April 15 of the current year O A 90-day T-bill O A 60-day money market placement A three-year treasury notes maturing on May 30 of the current year purchased by the entity on January 15 of the current year.

Which of the following is not considered as a cash equivalent? O A three-year treasury notes maturing on May 30 of the current year purchased by the entity on April 15 of the current year O A 90-day T-bill O A 60-day money market placement A three-year treasury notes maturing on May 30 of the current year purchased by the entity on January 15 of the current year.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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