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A company with a complex Balance Sheet may have cash in several accounts, e.g. Petty cash Cash Cash Equivalents Marketable Securities (short-term investments) Investments (long-term

A company with a complex Balance Sheet may have cash in several accounts, e.g.

Petty cash

Cash

Cash Equivalents

Marketable Securities (short-term investments)

Investments (long-term investments)

Why would a company need so many accounts for Cash? Why wouldn't they list all cash in a single account?

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