difference b/w cash & cash eqivalant..

Asked by Last Modified  

Follow 4
Answer

Please enter your answer

JU-IITKGP & 10+ years experienced for boards, JEE,NEET,OLYMPIAD & 5-12

Cash is basically the money that is available with us in liquid form.And cash eqivalent are those items which can be converted into liquid form as and when required like fixed deposit ,they can be converted in cash whenever we are in need of money.where cash equivalent are not liquid,for ex. Investment...
read more
Cash is basically the money that is available with us in liquid form.And cash eqivalent are those items which can be converted into liquid form as and when required like fixed deposit ,they can be converted in cash whenever we are in need of money.where cash equivalent are not liquid,for ex. Investment in shares. It is not easily convertible into cash. read less
Comments

SRCC Graduate with a passion for teaching and learning

Cash means cash in hand and cash at Bank which is readily available for use. On the other hand, cash equivalents are current assets other than cash, which can be immediately converted into cash eg. Market securities.
Comments

B.Com, ACMA (Rank holder) & ACS

Cash means cash in hand. Cash equivalents mean demand deposits in bank, other short term investments which can be realised in less than 3 months without risk of significant change in the value.
Comments

Accounts Teacher

Cash is hard cash aNd also include bank balance and cash equivalents means items can converted into case as and when required eg fd
Comments

6+ years Profession experience in banking

The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury...
read more
The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury bills and commercial paper. The items included as cash and cash equivalents must also be unrestricted. read less
Comments

CASH- paper money, coins, checks, money orders and money on demand deposited with financial institutions CASH EQUIVALENT- Commercial paper, Marketable securities, Money market funds, Short-term government bonds, Treasury bills Cash equivalents are assets, typically investments that are so liquid and...
read more
CASH- paper money, coins, checks, money orders and money on demand deposited with financial institutions CASH EQUIVALENT- Commercial paper, Marketable securities, Money market funds, Short-term government bonds, Treasury bills Cash equivalents are assets, typically investments that are so liquid and easily converted into cash that they might as well be currency. These are extremely low risk, short-term investments read less
Comments

Cma om parkash singh

Cash - the station’s total amount of paper money, coins, checks, money orders and money on demand deposited with financial institutions. Cash Equivalents - all short-term highly liquid investments. The investment must be easily convertible into a known amount of cash and be close enough to maturity...
read more
Cash - the station’s total amount of paper money, coins, checks, money orders and money on demand deposited with financial institutions. Cash Equivalents - all short-term highly liquid investments. The investment must be easily convertible into a known amount of cash and be close enough to maturity such that its market value is not sensitive to interest rate changes, generally accepted to be90 days or less. read less
Comments

Computer Application Tutor

Cah means the liqiud assest.you know very well that what is the meaning of cash.but cash equivalent means cash at bank
Comments

Cash is money in the form of currency. This includes all bills, coins and currency notes where as cash equivalents refer to the line item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. These include bank accounts, marketable...
read more
Cash is money in the form of currency. This includes all bills, coins and currency notes where as cash equivalents refer to the line item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. These include bank accounts, marketable securities, commercial paper, Treasury bills and short-term government bonds with a maturity date of three months or less read less
Comments

Nancy

Cash is basically the money that is available with us in liquid form.And cash eqivalent are those items which can be converted into liquid form as and when required like fixed deposit ,they can be converted in cash whenever we are in need of money
Comments

View 23 more Answers

Related Questions

What is the difference between Bad debts and bad & doubtful debts. What are the legal compliances for the provisions for doubtful debts and bad debts recovered after being written off.
Both are pretty much same.. Bad debts amount to be transferred to P/L a/c (dr side) Baddebts recovered P/L credit side as income Provision on doubtful debts to be deducted from debtors in balance sheet..
Suneha Sharma
1 0
7
What is matching concept in acvount?
Cost should match with revenue for that period
Harender
Define Matrix.
Collection of numbers arranged in rows and columns.
Deepti
Which statement is prepared to know the profitability of the business?
Profitability of a business entity can be estimated through trading p&l account. Where trading account states the gross profit and p&l account states the net profit earned by the entity.
Sumit
0 0
8
What is the difference between amalgamation and absorption?
Amalgamation is the process of two or more companies joining together to form a new one. Think of Maruti India and Suzuki Japan amalgamating to form Maruti Suzuki. Absorption is when one company acquires...
Akash
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What is Co- Branding?
Co branding is the utilization of two or more brands to name a new product. The ingredient brands help each other to achieve their aims. The overall synchronization between the brand pair and the new product...

Accruals Accounting
Accruals in Accounting are the expenses or revenues that have been recorded by the firm but not yet realised. In simple terms, they are the financial transactions already estimated in the current accounting...

What is Capital Expenditure
Capital expenditure refers to the spending by a company or organization on acquiring, upgrading, or maintaining physical assets such as property, equipment, or infrastructure. These expenditures are typically...

Chapter 1 - Introduction to Accounting
History of Accounting : Before knowing the history of accounting, let us know about the history of money which is the basis of the accounting process. Money : Item or verifiable record accepted for...

Introduction of Accounting
Questions: Define Accounting. Ans: Accounting is defined as the systematic process of identifying, recording, classifying, summarising, interpreting and communicating information about financial...

Recommended Articles

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you