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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Financial Reporting And Analysis

ISBN: 9780078110863

5th Edition

Authors: Lawrence Revsine, Daniel Collins

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Question Posted: Jul 31, 2024 07:01 AM

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Cash includes $12,000 in U.S. treasury bills purchased on December 21, 2011, that mature in January 2012.

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Financial Reporting And Analysis

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