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Jenkins Company has the following items at year-end: Currency and coin in safe $4,900 Funds in savings account 35,350 Funds in checking account 9,450 Travelers
Jenkins Company has the following items at year-end: Currency and coin in safe $4,900 Funds in savings account 35,350 Funds in checking account 9,450 Travelers checks 700 Non-sufficient funds check 1,190 Money market fund 45,360 How much of the above, in total, should be reported as cash and cash equivalents on Jenkins Companys balance sheet
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