Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.
here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.
What Are Short-Term Investments?
- Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
- After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
- Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
- Typically, these investments are high-quality and highly liquid assets or investment vehicles.
- Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.
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Answer:
Test answer
Explanation:
Please delete that answer
Answer:
B. your demand for peanut butter increases today.
Explanation:
Answer:
the answer is C. department store
Answer:
Letter d is correct. An effective manager
Explanation:
Efficiency and effectiveness are two different concepts. A manager can be efficient and not effective, because efficiency is the conditions that will lead to effectiveness, which are the goals achieved. In Brenda's case, she was an effective manager because her section has a high project completion rate with the highest quality product and the lowest defects in her division.