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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: Currency and coins $ 570 Balance in checking account 3,300 Customer
Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:
Currency and coins $ 570
Balance in checking account 3,300
Customer checks waiting to be deposited 2,200
Treasury bills, purchased on 11/1/2021,
mature on 4/30/2022 3,300
Marketable equity securities 11,000
Commercial paper, purchased on 11/1/2021,
mature on 1/30/2022 6,000
What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents? Group of answer choices
$9,370
$12,070
$26,370
$15,370
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