Cash on hand includes: Customers Check Cashiers Check Managers Check Travelers Check Bank Drafts Money Orders Postal Money Orders Checking Account Demand Deposit Savings Deposit (Unrestricted) Petty Cash Fund Payroll Fund Dividend Fund

Cash Equivalents: TIME DEPOSIT (3 months) Certificate of Deposit

Compensating Balance legally restricted - shown as cash held as compensating balance if short term

Bank overdrafts form parts of cash (as a reduction) if repayable on demand

Deposit in CLOSED BANKS WILL NOT FORM PART OF CASH

Cash Fund set aside should be classified in parallel with the classification of the related liability and not when the fund is to be used.