FUND  ACCOUNTING PRINCIPLES CONNECT
FUND ACCOUNTING PRINCIPLES CONNECT
25th Edition
ISBN: 9781265342395
Author: Wild
Publisher: MCG
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Chapter 8, Problem 11DQ
To determine

Concept Introduction:

Cash and Cash Equivalents:

Cash is the category that includes currency, coins, and deposits in bank accounts. Cash Equivalent is the category which includes short term and highly liquid assets which are readily convertible into cash. Liquidity is the term used for company's ability of payoff its liabilities.

To Indicate:

Google's Net Earnings for the year ended Dec. 31, 2017 and its comparison with the change in the cash and equivalents for the year

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