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answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or

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answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or neither in the Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers 2.1 Investment with vestment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or the company balance. Use the number (1-4) for your response. For instance, if the amount should be added to bank statement balance you would input 1. 1. Added to bank statement balance 2. Subtracted from bank statement balance 3. Added to company cash balance 4. Subtracted from company cash balance # 5 6 ut Item Bank deducted too much out of the checking account Bank charge for new checks ordered for the checking account Interest earned on the checking account Checks written but have not cleared the bank yet 18 Use the following to answer questions 9-11 On February 28th, the general ledger of CAC shows a balance for cash of $220,000. Cash receipts yet to be deposited into the checking account total $126,000, while checks written by CAC but not yet processed by the bank total $147,500. The company's balance of cash does not reflect a NSF check of $119, a service fee of $20 and interest earned of $32 and a customer payments collected by the bank of $6,250; however, these amounts are included in the balance of cash of $247,643 reported by the bank as of the end of February. Answer the following based on the process of doing the bank reconciliation: 9. $_ Determine the total amount that is used to reconcile the Bank balance (include "_" if needed): 10. $_ Determine the total amount that is used to reconcile the Company cash balance (include" if needed) 11 $ _What is the balance in the company's cash account after the reconciliation? Use the following to answer questions 12-15 Transaction Cash involved? [Yes or No) Type of CASH FLOW Operating Investing, Financing or None Use the first letter (O.1. EN 12. 13. 14. 15. Paid dividends to stockholders Paid interest on the loan Provided services to customers on account Paid for equipment purchased for the company Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals, Transaction Amount of Transaction $345,000 125,000 2,000 300,000 6,000 Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent Cash provided from consulting customers Cash provided from long-term borrowing Cash Cash used to pay the bank for a loan due this month Purchase of company vehicle paying 4/10 cash and borrowing the rest. 12,000 F G 550,000 250,000 75,000 50,000 I _Refer to transaction), how much should be included in cash used from investing activities? Determine the net cash flows from operating activities (include if needed) Determine the net cash flows from investing activities (include Oif needed) 18. $ 19. $_ Determine the net cash flows from financing activities (include if needed) _How much did cash change over the year

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