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In an effort to complete the current asset portion of the balance sheet for Waterway Jewelry Ltd., the new assistant accountant compiled the following information

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In an effort to complete the current asset portion of the balance sheet for Waterway Jewelry Ltd., the new assistant accountant compiled the following information $316 $1,160 $12.333) $27.792 $923 $7,544 $724 $1,354 $438 $12,332 $607 $1,340 $39.240 $8,700 $71.720 Cash in the petty cash box Cash register floats Cash overdraft-General chequing account Cash balance General savings account Cash balance-Payroll account Restricted cash balance-deposits made on the lay-away plan Debit card slips received on May 31: processed by the bank on June 1 Credit card slips received on May 31: processed by the bank on June 1 Total of cheques for payments on accounts received on May 31-deposited on June 1. Total of post-dated cheques for their lay-away program Stale-dated cheque refused by the bank customer has not replaced it Deposit with The Phone Experts on rented telephone equipment Treasury bills with a maturity date less than 90 days Term deposit that matures in six months Short-term investments (a) Identify how these amounts, if applicable, will appear in the current asset section of the balance sheet on May 31. Hint:Start with calculating cash and cash equivale

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