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6 Gatti Corporation reported the following balances at June 30 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Depreciation Expense
6 Gatti Corporation reported the following balances at June 30 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Depreciation Expense Dividends Equipment Notes Payable (long-term) Notes Payable (short-term) Petty Cash Restricted Cash (short-term) Retained Earnings Salaries and Wages Expense Service Revenue Utilities Expense 120 80 34 12 17 120 42 25 eBook 320 80 20 28 410 500 62 Required 1. What amount should be reported as "Cash and Cash Equivalents"? 2. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1 but rather show only the line "Cash and Cash Equivalents." Complete this question by entering your answers in the tabs below Required 1Required 2 What amount should be reported as "Cash and Cash Equivalents"? Cash and Cash Equivalents Mc Graw Hill Prev 6 of 6 Next > 6 Required 1Required 2 Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1 but rather show only the line "Cash and Cash Equivalents." (Amounts to be deducted should be indicated by a minus sign.) eBook GATTI CORPORATION Balance Sheet
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