On 31 December the Big Hole Property Management Company had a balance of ($ 70) in its

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On 31 December the Big Hole Property Management Company had a balance of \(\$ 70\) in its petty cash fund, a reconciled balance of \(\$ 1283\) in its cheque account and a \(\$ 4627\) balance in its savings account.

Required:

Show how the business would report its cash on its 31 December balance sheet.

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Accounting Information For Business Decisions

ISBN: 9780170253703

2nd Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons

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