Author Question: Which of the following items would not be classified as cash equivalents? a. U.S. Treasury bills. ... (Read 55 times)

MirandaLo

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Which of the following items would not be classified as cash equivalents?
 
  a. U.S. Treasury bills.
   b. Trading securities.
   c. Commercial paper.
  d. Money market funds.

Question 2

A depositor's Cash account is carried on the books of the bank as
 a. revenue.
   b. an owner's equity account.
   c. a contra asset.
   d. an asset.
   e. a liability.



xthemafja

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Answer to Question 1

a

Answer to Question 2

e



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