UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

Class 12 Tuition > Learn Accountancy > What is the difference between Cash & Cash Equivalent?
✕

Search in

What is the difference between Cash & Cash Equivalent?

Asked by Last Modified  

36 Answers

Learn Accountancy +3 BCom Tuition Corporate Accounting Class XI-XII Tuition (PUC)

Follow 4
Answer

Please enter your answer

1. Cash means Paper money , coins , Money order etc But, Cash Equivalent means Highly Liquidable Securities 2. Cash has not any Time period . It is Demand Receipt But , Cash Equivalent Take some time to convert into cash (90days or less) 3 .Cash exmp: Cash n Bank Deposit But Cash Equivalent exmp:...
read more

1. Cash means  Paper money , coins , Money order etc

But, Cash Equivalent means Highly Liquidable Securities 

2. Cash has not any Time period . It is Demand Receipt 

But , Cash Equivalent Take some time to convert

into cash  (90days or less)

3 .Cash exmp: Cash n Bank Deposit

But Cash Equivalent exmp: Highly Liquidable - Marketable Security , Treasury Bills etc 

4 . Cash is not convert into cash anymore 

But , Cash Equivalents are Convert  into Cash ..

read less
Comments
Dislike Bookmark

Cash is cash in hand and cash at bank where as cash equivalent includes short term highly liquid investment or assets that can be easliy converted into cash
Comments
Dislike Bookmark

Finance tutor

Hi Madhav please mind the basic difference between cash and cash equivalents. 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...
read more
Hi Madhav please mind the basic difference between cash and cash equivalents. 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. Thank You All the best read less
Comments
Dislike Bookmark

Chartered Accountant

Cash is cash in hand whereas cash equivalent is cash at bank and in any short term security which can be readily converted into cash within 3 months.
Comments
Dislike Bookmark

Tutor

cash means cash in hand whereas cash equivalents means short term investments ( maturity period of less than 3 months ) which can be readily converted into cash
Comments
Dislike Bookmark

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 be 90 days or less. read less
Comments
Dislike Bookmark

Accounts Home Tutor

Cash includes cash & bank balances but cash equivalents includes all money market instruments which can be converted into cash at short period of time. Eg. Marketable security etc..
Comments
Dislike Bookmark

Tutor

Cash is actual currency and cash equivalents are instruments that are easily convertible or we can say highly liquid such as cheques in hand not yet deposited, savings account, money market instruments, short term deposits with maturity of maximum three months
Comments
Dislike Bookmark

Accountancy for CBSE, ISC, PUC 11th/12th, BBA, BCom and MBA

Cash Equivalents include all liquid Assets like Cash and Bank Balances, Marketable Securities, etc. Thus the term Cash equivalents is inclusive of Cash.
Comments
Dislike Bookmark

Tutor

Cash equivalent are FD, Debentures, Safe loans and investments, also current assets.
Comments
Dislike Bookmark

View 34 more Answers

Related Questions

X has made the following drawings during 2014-15. Calculate interest on drawings @90% .

1.Rs. 4000 withdrawn by X on the first day of every month with effect from 1-5-14 for four month

2. From September 2014 he withdraw RS 6000 pm in the middle for each month till December

3. On 1-2-15 he, withdrew RS 10000

4. On 31-3-15 he withdraw RS 5000.
Yes, the interest rest must be 9% to achieve the correct answer,. May be a typing mistake.
Shilpi
difference b/w cash & cash eqivalant..
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...
Madhav
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 are the fixed assets? Give example.
as per as 10 fixed asset is an asset which is beingh kept in the business for the purpose producing goods or rendering services i e that asset is not being held for the purpose of sale in the normal course...
Vishal
0 0
5

what is the home tution fee per hour per subject of class 11th and 12th commerce?
500 per hour.
Prashanta Swain

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 Accountancy?
ॐ श्री सरस्वत्यै नमः We all know this subject very well from our childhood. Remember those days of childhood when we share toffee and chocolates with your brother, sister and friends; we use to either...

Abhishek Pansari

1 0
0
Valuation of Goodwill
This is one of the introductory chapters at the graduation level as well as in professional exams. The brief notes on methods and calculation of goodwill in easy steps are presented below: Methods of...

Gayatri D.

1 0
0
Introduction To Accounting: Part 12: Business Entity Concept Or Separate Entity Concept
Suppose you open a book store, so, in common parlance, it would be said that the business is being carried on by you, and you are earning profit or incurring loss. However, Accounting sees it...

Nishant Kumar

0 0
0
Accounting at a Glance
Accounting is part and parcel of our daily life. We are indulging in accounting activities in our everyday life. But we are unaware of it. For example, we go for marketing with say Rs. 1000/-. We buy different...

Harihar Sabat

2 0
0
GOLDEN RULES OF ACCOUNTING
Golden Rules of debit and credit 1. Personal accounts : Debit the receiver & Credit the giver (supplier).2. Real accounts : Debit what comes in & Credit what goes out.3. Nominal accounts : Debit...
D

Dr. Sanjay Hiran

0 0
0

Recommended Articles

Meet Swati, a Hindi Tutor from Bangalore

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Meet Radhe Shyam Burman, an MBA Tutor from...

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Find Class 12 Tuition near you
Class 12 Tuition in Delhi
Class 12 Tuition in Bangalore
Class 12 Tuition in Hyderabad
Class 12 Tuition in Kolkata
Class 12 Tuition in Mumbai
Class 12 Tuition in Chennai
Class 12 Tuition in Pune
Class 12 Tuition in Jaipur
Class 12 Tuition in Lucknow
Class 12 Tuition in Noida
Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2024All Rights Reserved