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Ivanhoe Company owns the following assets at the balance sheet date: Cash in bank-savings account $4,200 Cash on hand 980 Cash refund due from

Ivanhoe Company owns the following assets at the balance sheet date: Cash in bank-savings account $4,200 Cash on hand 980 Cash refund due from the Canada Revenue Agency 800 Cash in bank-chequing account 7,400 Stale-dated cheques from customers 210 Postdated cheques from customers 420 60-day treasury bill 2,940

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