Kraft Enterprises owns the following assets at December 31, 2010 What amount should be reported ascash Cash in bank savings account Checking account balance Postdated checks Certificates of deposit (180 day) 17,000 68,000 9,300 750 Cash refund due from IRS 31,400 90,000...

Kraft Enterprises owns the following assets at December 31, 2010. What amount should be reported ascash? Cash

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Kraft Enterprises owns the following assets at December 31, 2010. What amount should be reported ascash?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

Question Posted: Feb 15, 2011 05:52 AM

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Kraft Enterprises owns the following assets at December 31, 2010. What amount should be reported ascash? Cash

Question:

Cash in bank-savings account Checking account balance Postdated checks Certificates of deposit (180-day) 17,000 68,000 9,300 750 Cash refund due from IRS 31,400 90,000

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Intermediate Accounting

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