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A company has the following items at year end: cash on hand $1,000; cash in a checking account, $3,000; cash in a savings account $5,000;

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A company has the following items at year end: cash on hand $1,000; cash in a checking account, $3,000; cash in a savings account $5,000; postage stamps. $50; and Treasury bills, $10,000 that mature in less than 90 days. How much should the company report as cash and cash equivalents on its balance sheet? O $19.050 O $9,050 $9,000 $19,000

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