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COCCeCCCUUUUT ae CHAPTER 7: GACH AND _CAGH PQUIVALENTS Beansresten oF INVETTMENT OF EXcEXs CASH mm Cloxsipeanion = Tandard mecivm oa Ic DASH 2 moray « Fs ps vm 4 ethive months or Tag Sah equivalent > In account, . ee thon at = WunTCAt aicets + chet term "includes honey ove ony her negate io wlin one Francia qccets socal that Ie abl mm Hable tke, bank for “Nore INA one, Year ~ roncwpcat: | sees ametiat, ccdit: Invettmtn| —> PAST fo bc! cm ee ap tenn: quae # coah ie medeured at fae value be unrtatri mn ue ¥ Foreign Current ourreat ochanqe rot )) Cath on tard. + inca cheds 5 bank draft "A y Doub in Gank ard mmancay orders OGANSIFICATION OF CASH FUND 3) coun fund we | Porpore Clausipleation Och tauwdtenre > highly liquid mvcstmentt Curent Operahion( ———————=—— that arc vied three * Paymitnl of wercAt menthe fore matt bly jastion oR fe ie already dec Gurren aciet “The date on whi shy as rranvachon oe ‘fp | year offer 4 Jaancial inttrumcn! ence” of Pt sporting pened ) thee: month QéP freaaury bil) * Kon currcat vEpOLe 4 a) Tas im dan ni bill purchased thre, * Powyerent of honcurtal ee auc obli dion cet fr 2) me month time depocit ee “haying oncunest —}“long-turn ved mca” Tee- month mney marked instrument or cet , Commeriq! pot a rlahen to ® © comPENSATING BALANCE — loan CANK OVERDRATT — when cach in bank acc. > one) ae * demand depouit os hon a credit badasyce, . ef nonpouy ment > claarificd ‘a4 een ay ma Heqally rected - cash —* rot permilted iq the Phi) “ey ~ cath hdd oy compensating —schovld at be offre aqaicat \ ahaa balance tirer bank accounts wy aes jem a See eds ) debit balance, except: loan: tong Noncrrcat aweh when thee ae or mor, Ou DELIVERED OR UNREEACED- CHET ALounte in one bank TV check Hhod ie dmum or recorded Gut not “cath, nc of 1 eek ata to payee BEFORE thc ond” gin 70 pay tc OF epertirg pe “bank overchragt, net taf ofner Aadjurting, Erin ™ bank acount fauh a Accounts Paynbic or we Appropnate count + gon, igpona 
