7.4 Reporting Cosh and Cish Manngement Which of the following should be reported as cash and cash equivalents and why? Accounts receivable and short term investments are liquid enough to be reported as cash and cash equivalents. Money market funds and treasury bills are liquid enough to be reported as cash and cash equivalents. Petty cash and restricted cash are both types of cosh so should be reported as cash and cash equivalents. Long term assets and prepaid expenses reduce the fintencial burden of the company so should be reported as cash and cash equivalents