Which of the following is not considered cash for financial reporting purposes?Group of answer choicesPostdated checks and IOUPetty cash funds and change fundsCoin, currency and available fundsMoney order, certified checks and personal checks
Question
Which of the following is not considered cash for financial reporting purposes?Group of answer choicesPostdated checks and IOUPetty cash funds and change fundsCoin, currency and available fundsMoney order, certified checks and personal checks
Solution
Para determinar cuál de las opciones no se considera efectivo para fines de informes financieros, revisemos cada una de ellas:
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Postdated checks and IOU: Los cheques posfechados y los pagarés (IOU) no se consideran efectivo porque no están disponibles de inmediato para su uso. Un cheque posfechado no puede ser cobrado hasta la fecha especificada, y un pagaré es una promesa de pago en el futuro.
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Petty cash funds and change funds: Los fondos de caja chica y los fondos de cambio sí se consideran efectivo, ya que son fondos disponibles para gastos menores y cambios inmediatos.
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Coin, currency and available funds: Las monedas, el papel moneda y los fondos disponibles se consideran efectivo, ya que están disponibles de inmediato para su uso.
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Money order, certified checks and personal checks: Los giros postales, los cheques certificados y los cheques personales también se consideran efectivo, ya que son formas de pago que pueden ser depositadas y utilizadas de inmediato.
Por lo tanto, la opción que no se considera efectivo para fines de informes financieros es:
Postdated checks and IOU
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