Question

what are Cash and Cash Equivalents?

Answer 1

The term cash and cash equivalentsincludes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury bills 

Answer 2

Cash and cash equivalent are company assets in cash form or in a form that can be easily converted into cash..