ACIS 2115 at Virginia Tech

1. Categorizing Cash & Cash Equivalents

in Topic 6 (Problem 1 of 2)

Which of the following would not be included in the Cash and Cash Equivalents on a Balance Sheet dated December 31, Year 1.

  1. A money market account
  2. 6 month commercial paper, acquired Nov. 1, Year 1
  3. 3 month certificate of deposit, acquired Dec. 15, Year 1
  4. 100 share of GE stock, acquired December 1, Year 1; expected sale date of February 15, Year 2
  5. 12 month treasury bill, acquired October 15, Year 1
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The Rest Of The Practice Problems

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1 Categorizing Cash & Cash Equivalents
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2 Bank Reconciliation Hard
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Topic 6 Videos

1 Cash and Cash Equivalents 7:52
2 Bank Reconciliations: What and Why 9:38
3 Bank Reconciliations: How 20:57
4 Debit and Credit Memos 5:21
5 Fixing Mistakes in Bank Recs 8:32
Topic 7 →