How does FASB define cash equivalents? Provide the Codification reference.

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Intermediate Accounting

ISBN: 978-0134730370

2nd edition

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

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Question Posted: Jun 19, 2019 10:49 AM

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How does FASB define cash equivalents? Provide the Codification reference.

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Cash equivalents are shortterm highly liquid investments that have both of the following charact...View the full answer

Intermediate Accounting

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