01 Cash and Cash Equivalents Summary

Cash and
Cash
Equivalents
Intermediate Accounting

, Accounting for Cash
◈ Items Included in Cash:




CASH ON HAND CASH IN BANK CASH FUND

▪ UNDEPOSITED COLLECTIONS ▪ DEMAND DEPOSIT OR ▪ PETTY CASH FUND (PCF)

▪ CUSTOMER’S CHECKS CHECKING ACCOUNT ▪ PAYROLL FUND

▪ CASHIER’S/MANAGER’S ▪ SAVINGS ACCOUNT ▪ DIVIDEND FUND

CHECKS ▪ TRAVEL FUND

▪ TRAVELER’S CHECKS
▪ POSTAL MONEY ORDERS

NOTE: Only UNRESTRICTED accounts or fun

, Inclusion to the ‘Cash in Bank’
Bank Overdraft
Compensating Balance
Undelivered/Unreleased Check
Postdated Check
Stale/Outstanding Check
Cash Shortage/Overage