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Cash Equivalents Singh Company invested its excess cash in the following instruments during December 2017: Certificate of dep
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Particulars Amount ($)
Certificate of deposite due March 30, 2018 125000
Commericial paper, original maturity date Feb 28, 2018 125000
Deposite into money market fund 25000
90-day Treasury bills 100000
Total cash equivalents 375000
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