Question: Which condition required that a compensating balance must be reported as restricted cash, and non - current section of the balance sheet a company is
Which condition required that a compensating balance must be reported as restricted cash, and noncurrent section of the balance sheet a company is asked to maintain a minimum balance by its lender until its loan is due in three years, withdraw funds while it has an outstanding balance, may not withdraw a portion of funds until it is due in five years, a company estimates its annual tax liability and set aside funds and a separate bank account
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