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Below are several amounts reported at the end of the year. Currency located at the company $ 875 Supplies 2,500 Short-term investments that mature within
Below are several amounts reported at the end of the year.
Currency located at the company | $ | 875 | |
Supplies | 2,500 | ||
Short-term investments that mature within three months | 1,775 | ||
Accounts receivable | 2,800 | ||
Balance in savings account | 7,800 | ||
Checks received from customers but not yet deposited | 475 | ||
Prepaid rent | 1,275 | ||
Coins located at the company | 100 | ||
Equipment | 8,700 | ||
Balance in checking account | 5,500 | ||
Required:
Calculate the amount of cash to report in the balance sheet.
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