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Which of the following should not be considered cash by an accountant?

by Loraine Walters
Created: 31.01.2020
Updated: 31.01.2020

Question: Which of the following should not be considered cash by an accountant?

  1. money orders
  2. bank checking accounts
  3. postage stamps
  4. travelers’ checks

Answer

Option (C) Postage Stamps

Postage stamps can’t consider as cash because it cannot be convert in to cash. A Accountant treat cash form assets Which are having fast liquidity ability.

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