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Blossom Company has recorded the fllowing items in its fnancial records: Cash in bank $ 4 7 . 1 0 0 Cash in plant expansion
Blossom Company has recorded the fllowing items in its fnancial records:
Cash in bank
$
Cash in plant expansion fund
Cash on hand
Highly liquid investments
Petty cash
Receivables from customers
B
Investments in shares
The highly liquid investments had maturities of three months or less when they were purchased. The stock investments will be
sold in the nextsix to months. The plant expansion projectwill begin in three years.
a
What amount should Blossom report a "Cash and cash equivalents" on its balance sheet?
Cash and cash equivalents
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