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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 Dividends
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-term) Notes Payable short-term) Petty Cash Restricted Cash (short-term) Retained Earnings Salaries and Wages Expense Service Revenue Utilities Expense $ 165 165 73 29 34 290 59 90 6 490 80 30 5 10 36 495 670 79 Required: 1. What amount should be reported as "Cash and Cash Equivalents"? 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." Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should be reported as "Cash and Cash Equivalents"? Cash and Cash Equivalents
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