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Evergreen Inc. owns these assets at the statement of financial position date: Cash in bank (savings account) $12,450 Cash of Hand $1,380 Income tax refund
Evergreen Inc. owns these assets at the statement of financial position date:
Cash in bank (savings account) | $12,450 |
Cash of Hand | $1,380 |
Income tax refund due from CRA | $1850 |
Cash in Bank (chequing account) | $22,870 |
Bank Credit Card slips | $5760 |
Debit card slips | $2020 |
Postupdated cheques | $1350 |
What amount should be reported as cash in the statement of financial position?
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