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A new accountant at Larkspur, Inc. is trying to identify which of the following amounts should be reported as the current asset Cash and cash

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A new accountant at Larkspur, Inc. is trying to identify which of the following amounts should be reported as the current asset "Cash and cash equivalents" in the year-end balance sheet, as of April 30, 2017 1. $74 of currency and coin in a locked box used for incidental cash transactions. 2. A $11,30o U.s. Treasury bill, due May 31, 2017. B. $310 of April-dated checks that Larkspur has received from cusstomers but not yet deposited 4. An $100 check received from a customer in payment of its April account, but postdated to May 1 5. $5,020 in the company's checking account. 5. $4,870 in its savings account. 7. $74 of prepaid postage in its postage meter. B. A $44 IOU from the company receptionist. a) What balance should Larkspur report as its "Cash and cash equivalents" balance at April 30, 2017? Cash and cash equivalents balance at April 30, 2017 Click if you would like to Show Work for this question: Open Show Work

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