Below are several amounts reported at the end of the year? Currency located at the company .............$1,500
Question:
Currency located at the company .............$1,500
Supplies ....................... 2,700
Short-term investments that mature within three months .... 900
Accounts receivable ................... 2,700
Balance in savings account ................. 6,300
Checks received from customers but not yet deposited ...... 750
Prepaid rent ....................... 1,350
Coins located at the company ............... 250
Equipment ...................... 9,900
Balance in checking account ............... 7,100
Required:
Calculate the amount of cash to report in the balance sheet.
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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