Answer:
The following is not considered cash for financial reporting purposes: Postdated checks and I. O. U.'s A post-dated checks is a referred to as a check signed by the drawer for a date in the future. whereas;IOU which is further abbreviated as "I owe you" is an informal agreement acknowledging debt.It is different from a promissory note i.e. It is not a negotiable instrument and does not classify repayment keywords.