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A new accountant at Splish Brothers Inc. is trying to identify which of the amounts shown below should be reported as the current asset Cash
A new accountant at Splish Brothers 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. $64 of currency and coin in a locked box used for incidental cash transactions. A $10,800 U.S. Treasury bill, due May 31, 2022. $285 of April.dated checks that Splish Brothers has received from customers but not yet deposited. 4. An $90 check received from a customer in payment of its April account, but postdated to May 1. $4,550 in the company's checking account. $4,820 in its savings account $64 of prepaid postage in its postage meter. B. A $34 IOU from the company receptionist. 1. 2. 3. 5. 6. 7 (a) What balance should Splish Brothers report as its "Cash and cash equivalents" balance at April 30, 2022? Cash and cash equivalents balance at April 30, 2022 $
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