Is Cash An Asset

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Is Cash An Asset

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Web The most liquid of all assets cash appears on the first line of the balance sheet Cash Equivalents are also lumped under this line item and include assets that have short term maturities under three months or assets that the company can liquidate on short notice such as marketable securities Web Yes cash indeed is an asset That is the straightforward answer Understanding it in depth requires you to dive into the basic principles of accounting which brings you to understand the balance sheet and the various components in it If the concept of accounting is new to you do not fret

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