Compensating balances are a restriction on the use of a company's cash and should be a. disclosed

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Compensating balances are a restriction on the use of a company's cash and should be
a. disclosed in the financial statements.

b. reported as a noncurrent asset.

c. reported as a current asset.

d. reported as a reduction of cash.

Related Book For answer-question

Business Forecasting with ForecastX

ISBN: 978-0073373645

6th edition

Authors: Holton wilson, barry keating, john solutions inc

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Posted Date: Sep 26, 2019 08:36 AM

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Compensating balances are a restriction on the use of a company's cash and should be a. disclosed

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Business Forecasting with ForecastX

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