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Class 12 Tuition > Learn Accountancy > difference b/w cash & cash eqivalant..
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difference b/w cash & cash eqivalant..

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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 in cash whenever we are in need of money.where cash equivalent are not liquid,for ex. Investment...
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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 in cash whenever we are in need of money.where cash equivalent are not liquid,for ex. Investment in shares. It is not easily convertible into cash.
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SRCC Graduate with a passion for teaching and learning

Cash means cash in hand and cash at Bank which is readily available for use. On the other hand, cash equivalents are current assets other than cash, which can be immediately converted into cash eg. Market securities.
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B.Com, ACMA (Rank holder) & ACS

Cash means cash in hand. Cash equivalents mean demand deposits in bank, other short term investments which can be realised in less than 3 months without risk of significant change in the value.
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Accounts Teacher

Cash is hard cash aNd also include bank balance and cash equivalents means items can converted into case as and when required eg fd
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6+ years Profession experience in banking

The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury...
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The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury bills and commercial paper. The items included as cash and cash equivalents must also be unrestricted. read less
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CASH- paper money, coins, checks, money orders and money on demand deposited with financial institutions CASH EQUIVALENT- Commercial paper, Marketable securities, Money market funds, Short-term government bonds, Treasury bills Cash equivalents are assets, typically investments that are so liquid and...
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CASH- paper money, coins, checks, money orders and money on demand deposited with financial institutions CASH EQUIVALENT- Commercial paper, Marketable securities, Money market funds, Short-term government bonds, Treasury bills Cash equivalents are assets, typically investments that are so liquid and easily converted into cash that they might as well be currency. These are extremely low risk, short-term investments read less
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Cma om parkash singh

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...
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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. read less
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Computer Application Tutor

Cah means the liqiud assest.you know very well that what is the meaning of cash.but cash equivalent means cash at bank
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Cash is money in the form of currency. This includes all bills, coins and currency notes where as cash equivalents refer to the line item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. These include bank accounts, marketable...
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Cash is money in the form of currency. This includes all bills, coins and currency notes where as cash equivalents refer to the line item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. These include bank accounts, marketable securities, commercial paper, Treasury bills and short-term government bonds with a maturity date of three months or less read less
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Nancy

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 in cash whenever we are in need of money
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