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Identify Each of the Following Items as Either

Question 229

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Identify each of the following items as either:

Premises:
Coins
Petty cash
Three-month certificate of deposit
Commercial paper
Currency
Certified check
Cashier's check
Money market accounts
Money orders
U.S.treasury bills
Responses:
cash
cash equivalent.

Correct Answer:

Coins
Petty cash
Three-month certificate of deposit
Commercial paper
Currency
Certified check
Cashier's check
Money market accounts
Money orders
U.S.treasury bills
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