The term cash,as used on the cash flow statement,includes all of the following,EXCEPT:
A)cash on hand.
B)cash due from customers within 30 days.
C)cash in bank.
D)cash equivalents.

Question

Quizplus · Accepted Answer

Cash due from customers within 30 days is considered an account receivable and not cash, therefore it is not included as part of the cash on the cash flow statement. The other options, cash on hand, cash in bank, and cash equivalents are all considered part of cash and included on the statement.

The Term Cash,as Used on the Cash Flow Statement,includes All