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Brief Exercise 7-1 Sweet Enterprises owns the following assets at December 31, 2017. Cash in bank-savings account 65,800 Checking account balance 23,800 8,920 Cash on

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Brief Exercise 7-1 Sweet Enterprises owns the following assets at December 31, 2017. Cash in bank-savings account 65,800 Checking account balance 23,800 8,920 Cash on hand Postdated checks 900 Certificates of deposit (180-day) 90,240 Cash refund due from IRS 36,000 What amount should be reported as cash? Cash to be reported

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