Unformatted text preview: sent insignificant risk of changes in interest rates.
Examples: Treasury bills, Commercial paper, and Money market funds. Chapter
7-5 LO 2 Indicate how to report cash and related items. Reporting Cash
Companies segregate restricted cash from “regular” cash for reporting purposes.
Examples, restricted for:
(1) plant expansion, (2) retirement of longterm debt, and (3) compensating balances (e.g., minimum balances).
Illustration 7-1 Chapter
7-6 LO 2 Indicate how to report cash and related items. Reporting Cash
When a company writes a check for more than the amount in its cash account (“negative” cash)..
Generally reported as a current liability.
Offset against cash ONLY when available cash is present in another account in the same bank. Chapter
7-7 LO 2 Indicate how to report cash and related items. Summary of Cash-Related Items
Summary of Cash-Related Items
Very nice summary of first 6 pages of the chapter Chapter
7-8 Illustration 7-2 LO 2 Indicate how to report cas...
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