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Purchase of short term marketable securities/ sale of short term marketable securities will these account for cash and cash equivalents?

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تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2014/09/10
Divyesh Patel
من قبل Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Yes, they are considered to be cash equivalents.

Cash equivalents are held for the purpose of meeting short-term cash commitments rather than for investment or other purpose.

 

Subrahmanyam Lingamallu
من قبل Subrahmanyam Lingamallu , Accounting Director , Nadec

Yes they are considered for C&CE

 

georgei assi
من قبل georgei assi , مدير حسابات , المجموعة السورية

Yes scientifically accurate words

Sara Naeem
من قبل Sara Naeem , Trainee Finance officer , Wah Brass Mill

Yes it is.if a lender were to provide funds on behalf of the buyer directly to the seller.

Lesley Lanag CMA CPA
من قبل Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

No. Cash and cash equivalents and short-term investments (marketable securities) are different.

 

Cash and cash equivalents includes marketable securities that can be disposed of in3 months or less, whereas short-term marketable securities mature within one-year. The distinguishing factor is the short-term existence of cash equivalents. they have insignificant risk of change in value. 

Khaled Mohee Eldeen Abbas Mahmoud
من قبل Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

YES 

CCE is an item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. 

Examples of cash and cash equivalents (CCE) are bank accounts, marketable securities and Treasury bills.

Ubaid Ullah Sajid
من قبل Ubaid Ullah Sajid , Accounts Executive , ASNB Real Estate Management L.L.C.

Yes

Basit Ali
من قبل Basit Ali , Director of Engineering , Laverda Suites & Villas / Blue Bay Resorts

Yes, they are considered to be cash equivalents.

Faraz Sultan
من قبل Faraz Sultan , head of regional operations , BMSA GLOBAL

Yes, they are!

RAMAN NAMPOOTHIRI
من قبل RAMAN NAMPOOTHIRI , Dubai, UAE as Audit Manager , Paul & Hassan Chartered Accountants

I agree with answer given by Lesley Lanag.