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Exercise 4-5A Calculate the amount of cash to report (L04-3) Below are several amounts reported at the end of the year. $1,050 3,200 1,950 3,500
Exercise 4-5A Calculate the amount of cash to report (L04-3) Below are several amounts reported at the end of the year. $1,050 3,200 1,950 3,500 8,500 Currency located at the company Supplies Short-term investments that mature within three months Accounts receivable Balance in savings account Checks received from customers but not yet deposited Prepaid rent Coins located at the company Equipment Balance in checking account 650 1,450 110 9,400 6,200 Required: Calculate the amount of cash to report in the balance sheet. Total cash $ 0
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