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Apollo Corporation had the following items listed in its trial balance at 12/31/2021 Currency and coins 65.000 Balance in checking account 260.000 Customer checks waiting
Apollo Corporation had the following items listed in its trial balance at 12/31/2021 Currency and coins 65.000 Balance in checking account 260.000 Customer checks waiting to be deposited 120,000 Treasury bills, purchased on 11/1/2021, mature on 4/30/2022 300,000 Marketable equity securities 102,000 Commercial paper, purchased on 11/1/2021 500,000 mature on 1/30/2022 What amount will Apollo include in its year-end balance sheet as cash and cash equivalents? Commercial paper, purchased on 11/1/2021, 500,000 mature on 1/30/2022 What amount will Apollo include in its year-end balance sheet as cash and cash equivalents? O P745.000 O P1.245,000 O P1.965,000 OP945,000 Next >
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