Do companies always classify cash as a current asset on the balance sheet? Explain.

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 04:48 AM

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Do companies always classify cash as a current asset on the balance sheet? Explain.

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Cash is classified as current unless it is restricted from use in the current operating cycle Re...View the full answer

Intermediate Accounting

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