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why are marketable securities included in cash and cash equivalents

Posted by Geetam Kabra 6 years ago

CBSE > Class 12 > Accountancy

3 answers

Maanvi ?‍♀? 6 years ago

Examples of cash equivalents include commercial paper, Treasury bills, and short-term government bonds with a maturity date of three months or less. Marketable securities and money market holdings are considered cash equivalents because they are liquid and not subject to material fluctuations in value.

Alka Roy 6 years ago

Say thank to me i am a 12 standard student

Alka Roy 6 years ago

Cash on hand bank balance and current investment is marketable securties

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