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A new accountant at Skysong, Inc. is trying to identify which of the amounts shown below should be reported as the current asset Cash an
A new accountant at Skysong, Inc. is trying to identify which of the amounts shown below should be reported as the current asset "Cash an April 30, 2017 d cash equivalents" in the year-end- balance sheet, as of 1. $62 of currency and coin in a locked box used for incidental cash transactions 2. A $10,700 U.S. Treasury bill, due May 31, 201 3. $280 of April-dated checks that Skysong has received from customers but not yet deposited. 4. An $38 check r 5. $3,490 in the company's checking account. 6. $6,350 in its savings account 7. $62 of prepaid postage in its postage meter S. A $32 1OU from the company receptionist. from a customer in payment of its April account, but postdated to May 1 (a) What balance should Skysong report as its "Cash and cash equivalents" balance at April 30, 2017? Cash and cash equivalents balance at April 30, 2017 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 2 of 3 used SAVE FOR LATER SUBMET ANSW You hava surpassed the number of attempts 0 to earn Maximum Points for this question. For attempt(s) this attempt, and any subs you will earn points according to the Point Potential policy set by your
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