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Gatti Corporation reported the following balances at June 30 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Depreciation Expense
Gatti Corporation reported the following balances at June 30 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Depreciation Expense Dividends Equipment Notes Payable (long-tern) Notes Payable (short-tern) Petty Cash Restricted Cash (short-term) Retained Earnings Salaries and Wages Expense Service Revenue Utilities Expense Required: $ 110 85 36 13 18 130 43 25 2 330 50 10 30 27 415 510 63 1. What amount should be reported as "Cash and Cash Equivaleots"? 2. 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.
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