Which of the following is not included in cash and cash equivalents?
a) Balances with the Bank
b) Bank deposits with 100 days of maturity
c) Cheques and drafts on hand
d) Cash in Hand.
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Answer:
(b) Bank deposit with 100 days of maturity
Explanation:
Thus, 'Bank deposits with 100 days of maturity will not be included in cash and cash equivalents.
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