Which of the Following Statements About the Cash Account Are

Multiple Choice

Which of the following statements about the Cash account are true?

A) Because most companies earn their fees in cash,the cash account is categorized as revenue
B) For any given transaction Accounts Receivable and Cash can be used interchangeably because both accounts are measured in terms of cash
C) The cash account includes the value of any medium of exchange that a bank accepts for deposit
D) Both A and B are true statements
E) Both B and C are true statements