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Given the following information, determine the amount of cash AND cash equivalents (combined) that should be presented on the balance sheet. Coins and currency, $1,000
Given the following information, determine the amount of cash AND cash equivalents (combined) that should be presented on the balance sheet. Coins and currency, $1,000 Checks on hand received from customers, $12,000 Checks from customers noted as Non-Sufficient Funds by the bank, $4,000 Investment in short-term money market fund, $160 Travel advance to employees for future travel, $240 $13,000 $13,160 $5,240 $17,160
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