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Delta Automotive Corporation has the following assets listed in its 1 2 / 3 1 / 2 0 2 4 trial balance: Cash in bank
Delta Automotive Corporation has the following assets listed in its trial balance:
Cash in bankchecking account
US Treasury bills mature in days
Cash hand and coins
US Treasury bills mature in six months
Undeposited customer checks
Purchased on
Required:
Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the
balance sheet.
For each of the items not included in your answer to requirement select the correct classification of the item.
Complete this question by entering your answers in the tabs below.
Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the balance
sheet.
Required
Required
For each of the items not included in your answer to requirement select the correct classification of the item.
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