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As of December 31, 2009 valley Company has 16,920 cash in its checking account as well as several other items below Bank credit card slips
As of December 31, 2009 valley Company has 16,920 cash in its checking account as well as several other items below Bank credit card slips signed by sustomers $1400 money market fund balance 410,000 investment in Us Treasury bills $40,000 check received from customers but not in bank yet. $1,800 investment in ATT 10% bond maturity June 2010 ^0,000 what amount should be shown in Valley's December 31, 2009, balance sheet as cash and cash equivalents? a. 113,200 b. 70,120 c. 53,200 d. 130,120
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