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hapter 7 Homework Question 1 of 10 < > Metlock, Inc. owns the following assets at December 31, 2020: Cash in bank savings account
hapter 7 Homework Question 1 of 10 < > Metlock, Inc. owns the following assets at December 31, 2020: Cash in bank savings account -/1 E $47,100 Chequing account balance Cash on hand 14,400 Postdated cheque from Ivanhoe Company Refund due (overpayment of income taxes) 32.000 Cash in a foreign bank (CAD equivalent) Preferred shares acquired shortly before their fixed maturity date 15,400 Short-term paper with a maturity date of three m (a1) If Metlock follows ASPE and follows a policy of including all possible items in cash and cash equivalent, what amount should be reported as cash and cash equivalents? (Do not leave any answer field blank. Enter O for amounts.) Cash and cash equivalents under ASPE $
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