Thanks for the replies Penny and DaveC49. I have placed Treasury Bills
under the heading of assets/current assets/cash/. The maturity will be
28 days.
Regards,
Les
On 04/21/2018 06:27 AM, Mike or Penny Novack wrote:
On 4/20/2018 10:46 PM, Les wrote:
Hi Gnucashers:
Curious, I am
On 4/20/2018 10:46 PM, Les wrote:
Hi Gnucashers:
Curious, I am wondering if it is correct to classify TBills as "Cash"?
Suggestions?
Thanks,
Les
Not cash but probably cash equivalents (so still under current assets).
Other "negotiable paper" probably treated the same way. But I learned in
Les,
As they have a specified maturity date even though they are generally short
term I doubt if you would usually classify them as cash, normally reserved
for currency. They are basically short term investments with a maturity
generally within the current accounting period so you would classify
Hi Gnucashers:
Curious, I am wondering if it is correct to classify TBills as "Cash"?
Suggestions?
Thanks,
Les
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