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A new accountant at Marin Inc. is trying to identify which of the amounts shown below should be reported as the current asset Cash and
A new accountant at Marin 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. $98 of currency and coin in a locked box used for incidental cash transactions. 2. A $12,500 U.S. Treasury bill, due May 31, 2022. 3. $370 of checks that Marin has received from customers but not yet deposited. 4. \$3.760 in the company's checking account. 5. $6,350 in its savings account. 6. $70 of prepaid postage in its postage meter. 7. A $3810U from the company receptionist. (a) What amount should Marin report for "Cash and cash equivalents" at Aprit 30, 2022? Cash and cash equivalents balance at April 30, 2022$
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