Temporary investments of excess cash that can readily be converted back to cash appear under which balance sheet heading?

1. Marketable securities are temporary investments of excess cash that can readily be converted to cash. 2. They sit among the current assets, just below cash itself in the liquidity order. 3. Notes receivable are amounts owed by customers or others to whom the firm lent money, which is a different current asset. 4. Accrued expenses are a liability, and intangible assets are long-term items with no physical existence. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 14 "Using Financial Information and Accounting", section 14.4 The Balance Sheet_