Components of Cash

The office manager for Stony Company had accumulated the following information at the end of a recent year:

Calculate the total cash amount Stony will report on its balance sheet.

Items Accounts receivable Change for cash registers (currency and coin) Amount on deposit in checking account (bank balance Amount on deposit in savings account (bank balance) Balance in petty cash Checks received from customers, but not yet deposited in bank Checks sent by Stony to suppliers, but not yet presented at bank for payment Deposits in transit IOU from Richard Sandy, company president Notes receivable NSF check written by Liam Company Prepaid postage Amount $22,470 4,800 7,382 30,000 500 590 560 920 10,000 13,400 430 125