GuestCash Equivalents
Source: Ind AS 7 (summary)
Cash equivalents are short-term, highly liquid investments that can be readily converted into known amounts of cash and carry an insignificant risk of change in value. An investment normally qualifies only when its original maturity is three months or less from the date of acquisition.
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About Accounting
Accounting principles in short, plain-language summaries: double entry, accrual, going concern and prudence, then Ind AS topics such as inventories, cash flows, events after the reporting period, income taxes, property, plant and equipment, employee benefits, government grants and foreign currency.