Answer
Cash
Work Step by Step
Savings and checking accounts are classified as cash since they can be accessed timely or used as security to access funds promptly.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 7 - Cash and Receivables - Questions - Page 4004: 2k
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