In what accounts should the following items be classified?

(a) coins and currency.
(b) u. s. treasury (government) bonds.
(c) certificate of deposit.
(d) cash in a bank that is in receivership.
(e) nsf check (returned with bank statement).
(f) deposit in foreign bank (exchangeability limited).
(g) postdated checks.
(h) cash to be used for retirement of long-term bonds.
(i) deposits in transit.
(j) 100 shares of dell stock (intention is to sell in one year or less).
(k) savings and checking accounts.
(l) petty cash.
(m) stamps.
(n) travel advances.

(a) Coins and currency. Cash And Equivalents

(b) U.S. Treasury (government) bonds. Investments

(c) Certificate of deposit. Time Deposits

(d) Cash in a bank that is in receivership. Cash And Equivalents

(e) NSF check (returned with bank statement). Cash And Equivalents

(f) Deposit in foreign bank (exchangeability limited). Cash And Equivalents

(g) Postdated checks. Cash And Equivalents

(h) Cash to be used for retirement of long-term bonds. Other Assets

(i) Deposits in transit. Other Assets

(j) 100 shares of Dell stock (intention is to sell in one year or less). Investments

(k) Savings and checking accounts. Cash and equivalents

(l) Petty cash. Cash and equivalents

(m) Stamps. Cash and equivalents

(n) Travel advances. Prepaid expenses

disadvantages of leasing a vehicle: no vehicle equity and mileage limitations

disadvantages of purchasing a vehicle: large down payment and vehicle depreciation

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