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Check 1 Exercise 7-2 (Algo) Cash and cash equivalents (L07-2] Delta Automotive Corporation has the following assets listed in its 12/312021 trial balance: 15 points

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Check 1 Exercise 7-2 (Algo) Cash and cash equivalents (L07-2] Delta Automotive Corporation has the following assets listed in its 12/312021 trial balance: 15 points 8 03442 Cash in bank-checking account U.S. Treasury billa (nature in 60 days) Cash on hand (currency and coins) U.S. Treasury billa (mature in six months) Undeposited customer checks *Purchased on 11/30/21 $42,500 6,000 3,350 30,000 3,840 Slipped eBook References Required: 1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2021 balance sheet. Cash and cash equivalents includes: Total 0

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