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Cash Reporting Blakely Industries has the following items: Currency Customer checks that have not been deposited $26,250 700 U.S. government bonds that originally maturing
Cash Reporting Blakely Industries has the following items: Currency Customer checks that have not been deposited $26,250 700 U.S. government bonds that originally maturing in 3 months 13,000 U.S. government bonds that originally maturing in 12 months 14,000 Cash in saving and checking accounts 64,000 Certificates of deposits that originally maturing in 18 months 47,000 Required: How much should Blakely report as cash and equivalents on its balance sheet?
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