Composition of Cash Using Y for yes and N for no, indicate whether each of the following items should be included in cash and cash equivalents on the balance sheet. If an item should not be included in cash and cash equivalents, indicate where it should appear on the balance sheet.

______ 1. Checking account at Third County Bank ______ 2. Petty cash fund ______ 3. Coin and currency ______ 4. Postage stamps ______ 5. An IOU from an employee ______ 6. Savings account at Ft. Worth Savings & Loan ______ 7. A six-month CD ______ 8. Undeposited customer checks ______ 9. A customer’s check returned by the bank and marked NSF ______ 10. Sixty-day U.S. Treasury bills ______ 11. A cashier’s check.AppendixLO1