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Fauna Inc has the following items at year-end: Cash in First Bank $15,000 Postdated checks $450 Bank overdraft in checking account at Second Bank $400
- Fauna Inc has the following items at year-end:
Cash in First Bank $15,000
Postdated checks $450
Bank overdraft in checking account at Second Bank $400
Savings account balance at Second Bank $2,600
Treasury bills maturing in 2 months $2,500
Petty cash on hand $600
Cash in Third Bank (bond sinking fund) $7,500
Customer checks waiting to be deposited $650
Fauna should report cash and cash equivalents of
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