Question

Cash at bank is what type of asset?​

Answer 1

▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅

$|\huge\underline\mathfrak\pink{Answer:}$

тнє sυм σƒ αłł cσıηs, cυяяєηcy αη∂ σтнєя υηяєsтяıcтє∂ łıqυı∂ ƒυη∂s тнαт нαѵє вєєη ρłαcє∂ ση ∂єρσsıт ωıтн α ƒıηαηcıαł ıηsтıтυтıση. cαsн αт вαηk ıs cσηsı∂єяє∂ α нıgнły łıqυı∂ ƒσям σƒ cυяяєηт αssєт, αη∂ ωнєη яєρσятє∂ ση α вυsıηєss' вαłαηcє sнєєт, ıт ıs cσмвıηє∂ ωıтн cαsн ıη нαη∂ ƒσя αccσυηтıηg ρυяρσsєs.

▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅

Answer 2

Explanation:

For example, cash equivalents, stock, marketable securities and short-term deposits are some of the most common current assets. Also known as hard assets and fixed assets, these resources are not easy to convert into cash or its equivalent kind. ... are considered as fixed assets.