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Brief Exercise 7-01 Sheridan Enterprises owns the following assets at December 31, 2020. Cash in bank-savings account Cash on hand Cash refund due from IRS
Brief Exercise 7-01 Sheridan Enterprises owns the following assets at December 31, 2020. Cash in bank-savings account Cash on hand Cash refund due from IRS 68,800 Checking account balance 8,720 Postdated checks 36,100 Certificates of deposit (180-day) 22,900 910 99,000 What amount should be reported as cash? Cash to be reported Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO Question Attempts: 0 of 3 used
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