4 ms·
One random person's blog post is not sufficient to disqualify centuries of economic and accounting literature that has classically defined cash to be a canonica
by Kranar 5y ago
One random person's blog post is not sufficient to disqualify centuries of economic and accounting literature that has classically defined cash to be a canonical asset class.
Currencies are universally listed at the top of any balance sheet, small or large company alike.
https://en.wikipedia.org/wiki/Asset https://en.wikipedia.org/wiki/Asset
https://en.wikipedia.org/wiki/Cash_and_cash_equivalents https://en.wikipedia.org/wiki/Cash_and_cash_equivalents
- arcticbull 5y agoThat's fair, I was off base. Withdrawn, but I'll leave it up so folks understand what you're replying to. Thanks for the correction!