A new accountant at Kingbird, Inc. is trying to identify which of the amounts shown below should be reported as the current asset "Cash and cash equivalents" in the year-end balance sheet, as of April 30, 2022. 1. 2. 3. 4. 5. 6. 7. $94 of currency and coin in a locked box used for incidental cash transactions. A $12,300 U.S. Treasury bill, due May 31, 2022. $360 of checks that Kingbird has received from customers but not yet deposited. $3,090 in the company's checking account. $6,060 in its savings account. $66 of prepaid postage in its postage meter. A $34 IOU from the company receptionist. (a) What amount should Kingbird report for "Cash and cash equivalents" at April 30, 2022? Cash and cash equivalents balance at April 30, 2022 $ 4

A new accountant at Kingbird, Inc. is trying to identify which of the amounts shown below should be reported as the current asset "Cash and cash equivalents" in the year-end balance sheet, as of April 30, 2022. 1. $94 of currency and coin in a locked box used for incidental cash transactions. 2. A $12,300 U.S. Treasury bill, due May 31, 2022. 3. $360 of checks that Kingbird has received from customers but not yet deposited. 4. $3,090 in the company's checking account. 5. $6.060 in its savings account. 6. $66 of prepaid postage in its postage meter. 7. A $34 IOU from the company receptionist. (a) What amount should Kingbird report for "Cash and cash equivalents" at April 30, 2022? Cash and cash equivalents balance at April 30, 2022