Mullins Corp. reported the following items on its June 30, 2011 trial balance and on its comparative

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Mullins Corp. reported the following items on its June 30, 2011 trial balance and on its comparative trial balance one year earlier:

Determine the June 30, 2011 cash and cash equivalents amount for the 2011 statement of cash flows, and calculate the change in cash and cash equivalents since June 30, 2010.

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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

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

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Question Posted: Aug 23, 2015 09:07 AM

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Mullins Corp. reported the following items on its June 30, 2011 trial balance and on its comparative

Question:

June 30, 2011 $12,100 June 30, 2010 $9,460 Cash in bank Petty cash Investment in shares of GTT Ltd. (to be sold within 60 days) Investment in Canada 60-day treasury bills 100 125 6,500 22,000 66,300 13,800 28,300 69,225 1,000 Accounts payableury Temporary bank overdraft, chequing account

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