answersLogoWhite

0


Best Answer

only if the ORIGINAL not REMAINING duration is 3 months or less.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is a US Treasury Bill considered cash equivalent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are NSF Checks considered cash or cash equivalent?

cash equalivant


Are postage stamps considered cash?

postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.


Why are Treasury bills a favorable place for financial managers to invest excess cash?

treasury bill is the bill which is issued by government organisation. as the bills are exchanged under government considerations the financial managers find safe to invest excess cash as their will be total security ti the money.


How do treasury stock affect Cash flow statement?

treasury stock is shown under cash flow from financing activities as a reduction in cash.


How do you record journal entry for purchase of treasury stock?

debit treasury stockcredit bank / cash


What is the journal entry for repurchasing common stock as treasury stock?

Debit treasury stockCredit cash / bank


Does the acquisition of treasury stock increase cash?

Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".


Why are cash flows of more interest than income to the treasury manager?

because it is important than cash flows


What jurisdiction has the authority to listen to cash crimes?

I believe it is the Treasury Department.


Are cash dividends normally paid on shares of treasury stock?

True.


What is types of accounting?

In Accounting, there are two types. There is Cash Basis Accounting and Accrual Basis Accounting. With Cash Basis, transactions are considered to have happened when cash is exchanged, ie. a cash sale or cash payment. In the Accrual Basis, transactions are considered when the event happens. For example, a sale happens when an invoice is given. A debt happens when a bill is received.


When was Bill Cash born?

Bill Cash was born on 1940-05-10.