Marketable securities are securities that are expected to be converted into cash within a year. An entity

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Marketable securities are securities that are expected to be converted into cash within a year. An entity owns these securities so as to earn a return on funds that otherwise would be idle. Marketable securities are [current / noncurrent] assets.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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