Company has the following items at the year end: Cash in Bank $ 42,000 Pretty Cash $1,500
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Question:
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
Management Leading And Collaborating In A Competitive World
ISBN: 9781265051303
15th International Edition
Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske
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