What are cash equivalents? Provide two examples. Why are these items often combined with cash for the

Question:

What are cash equivalents? Provide two examples. Why are these items often combined with cash for the purpose of presentation?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...