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Current Attempt in Progress A new accountant at Donald Glass is trying to identify which of the amounts shown below should be reported as part
Current Attempt in Progress A new accountant at Donald Glass is trying to identify which of the amounts shown below should be reported as part of the current asset "Cash and cash equivalents" in the year-end statement of financial position, as of April 30.2020. 1. $63 of currency and coin in a locked box used for incidental cash transactions. 2. $230 of April-dated checks that Donald has received from customers but not yet deposited. 3. An $88 check received from a customer in payment of its April account, but postdated to May 1. 4. $2.600 in the company's checking account. 5. $6,300 in its savings account. 6. $77 of prepaid postage in its postage meter. 7. A $41 IOU from the company receptionist. What balance should Donald report as its "Cash and cash equivalents" balance at April 30, 2020? Cash and cash equivalents balance at April 30, 2020 is What balance should Donald report as its "Cash and cash equivalents" balance at April 30, 2020? Cash and cash equivalents balance at April 30, 2020 is eTextbook and Media In what account(s) and in what financial statement(s) should the items not included in "Cash and cash equivalents" be reported? Post-dated check Prepaid postage in postage meter IOU from company receptionist eTextbook and Media
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