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An item must possess each of the three characteristics identified to be regarded as a cash equivalent. At the end of its reporting period, Zeneb
An item must possess each of the three characteristics identified to be regarded as a cash equivalent. At the end of its reporting period, Zeneb plc's statement of financial position included the following items: A bank deposit account where one month's notice of withdrawal is required. Ordinary shares in Jones plc (a Stock Exchange listed business). A high-interest bank deposit account that requires six months' notice of withdrawal. An overdraft on the business's bank current account. Which (if any) of these four items would be included in the figure for cash and cash equivalents
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