At the end of its reporting period, Zeneb plcs statement of financial position included the following items:
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At the end of its reporting period, Zeneb plc’s statement of financial position included the following items:
1. A bank deposit account where one month’s notice of withdrawal is required.
2. Ordinary shares in Jones plc (a Stock Exchange listed business).
3. A high-interest bank deposit account that requires six months’ notice of withdrawal.
4. An overdraft on the business’s bank current account.
Which (if any) of these four items would be included in the figure for cash and cash equivalents?
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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