Cash includes $12,000 in U.S. treasury bills purchased on December 21, 2011, that mature in January 2012.
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Cash includes $12,000 in U.S. treasury bills purchased on December 21, 2011, that mature in January 2012. The account also includes $8,500 in stock purchased just before year-end that the company plans to sell in a few days. LO.1
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Related Book For
Financial Reporting And Analysis
ISBN: 9780078110863
5th Edition
Authors: Lawrence Revsine, Daniel Collins
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