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A new accountant at Stern Limited, an electronics retailer, is trying to identify which of the following amounts should be reported in the cash amount
A new accountant at Stern Limited, an electronics retailer, is trying to identify which of the following amounts should be reported in the cash amount in the year-end balance sheet (statement of financial position) as at December 31st,2021 For the following scenarios, please indicate if the amount should be reported in the cash balance (bank balance) at December 31st,2021 on the Balance Sheet. If it shouldn't be recorded as cash nlease state where it should he recorded on the Ralance Sheet. if at all
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