Identify each of the following items as either (a) cash or (b) cash equivalent. (8 marks) 1. Coins 2. Petty cash 3. Three-month certificate of deposit 4. Currency 5. Certified cheque 6. Cashier's cheque 7. Loose change in a coffee tin 8. Money orders Coins Petty cash Three-month certificate of deposit Currency Certified cheque Cashier's cheque Loose change in a coffee tin Money orders (a) cash (b) cash equivalent