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E5-8 (Algo) Preparing a Balance Sheet [LO 5-5] Gatti Corporation reported the following bolances ot June 30 . Required: 1. What amount should be reported

image text in transcribed E5-8 (Algo) Preparing a Balance Sheet [LO 5-5] Gatti Corporation reported the following bolances ot June 30 . Required: 1. What amount should be reported as "Cosh and Cosh Equivelents"? 2 Prepore a classified balance sheet. Do not show the components that add up to your onswer in requirement 1 , but rather show only the line "Cosh and Cosh Equivolents." Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1 , but rather show only the line "Cash and Cash Equivalents." (Amounts to be deducted should be indicated by a minus sign.)

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