If a note to the company's financial statements shows the amount of cash separately from the amount

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If a note to the company's financial statements shows the amount of cash separately from the amount of cash equivalents, then

a. All cash and cash equivalents should be considered to be non operating assets

b. All cash and cash equivalents should be considered to be operating assets

c. Cash equivalents should be considered to be operating assets and cash should be non operating assets

d. Cash equivalents should be considered to be non operating assets and cash should be operating assets

Related Book For answer-question

Intermediate Accounting

ISBN: 9781119790976

18th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Posted Date: Jan 29, 2024 02:12 AM

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If a note to the company's financial statements shows the amount of cash separately from the amount

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The detailed answer for the above question is provided below The correct answer is d Cash equivalent... View the full answer

Intermediate Accounting

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