$h$ and Cash Equivalents

Cash: includes cash on hand and in banks available for

Excludes any cash that is restricted for specific purpose

When cash is restricted, it should be classified as a

Investment.

Cash Equivalents: Short term $(3$ months or less$)$ investme

commercial paper and money market funds.

Elements of a Classified Balance Sh

Assets

t$-$Term Investments $($if intended to be sold within

Trading Securities: acquired just as a financial investment

Available for Sale Securities: acquired for