Cash and Cash Equivalents

Question 1

Items Excluded from Cash on BS

Answer 1

compensating balances, legally restricted deposits, post dated checks or NSF (receivable), restricted cash

Question 2

Disclosures for Cash

Answer 2

Compensating Balances and Restricted cash should both be disclosed in notes to the financial statements “Separate disclosures should be made for cash and cash items that are restricted as to withdrawal or use”