Which of the following investments should be classified as cash equivalents for Able Company in preparing the statement of cash flows?

A) 2, 4
B) 2, 3, 4
C) 2, 3
D) 1, 2, 3, 4

Question

Which of the following investments should be classified as cash equivalents for Able Company in preparing the statement of cash flows?

A) 2, 4 
B) 2, 3, 4 
C) 2, 3 
D) 1, 2, 3, 4

Quizplus · Accepted Answer

The Answer of Which of the following investments should be classified as cash equivalents for Able Company in preparing the statement of cash flows?

A) 2, 4 
B) 2, 3, 4 
C) 2, 3 
D) 1, 2, 3, 4

Which of the Following Investments Should Be Classified as Cash