cash equivalent

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rajsan...@gmail.com

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Sep 22, 2021, 6:12:31 AM9/22/21

to noc21-mg7...@nptel.iitm.ac.in

Hi,

I have a question about what is happening in this video at 00:09:40 -

http://www.youtube.com/watch?v=U3K5iXBeR7o#t=580s.

explain cash equivalent in simple terms and give some more exaamples.

Thanks!

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NOC21 MG75

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Sep 22, 2021, 2:10:11 PM9/22/21

to Discussion forum for Financial Accounting, rajsan...@gmail.com

Dear participant

The Cash equivalent means the most liquid assets can convert into Cash within a very short period without losing any value. Example Treasury bills, Treasury notes, Commercial paper, etc.