Company has the following items at the year end: Cash in Bank $ 42,000 Pretty Cash $1,500

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Company has the following items at the year end:

Cash in Bank $ 42,000

Pretty Cash $1,500

Short term paper with maturity on 2 months $6,500

postdated cheques $ 3,400

How much should be report cash and equivalents of:

a) 43,500

b) 50,000

c) 42,000

d) 46,600

Related Book For answer-question

Management Leading And Collaborating In A Competitive World

ISBN: 9781265051303

15th International Edition

Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske

Posted Date: Jun 27, 2024 06:25 PM

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Company has the following items at the year end: Cash in Bank $ 42,000 Pretty Cash $1,500

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Management Leading And Collaborating In A Competitive World

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