Identify Each of the Following Items 1 Through 10 as Either

Identify each of the following items 1 through 10 as either (A)cash or (B)cash equivalent.
_____ 1.Coins
_____ 2.Petty cash
_____ 3.Three-month certificate of deposit
_____ 4.Short-term investment in commercial paper
_____ 5.Currency
_____ 6.Certified check
_____ 7.Cashier's check
_____ 8.Sixty-day certificate of deposit
_____ 9.Money orders
_____ 10.U.S.treasury bills

Correct Answer:

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1.A; 2.A; ...

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