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Meredith Company's records reflected the following as of September 30: Currency and coins Customer checks on hand (not yet deposited) Investment in 3-month U.S. Treasury
Meredith Company's records reflected the following as of September 30: Currency and coins Customer checks on hand (not yet deposited) Investment in 3-month U.S. Treasury bills Investment in Microsoft common stock $ 12,500 37,000 10,000 15,000 The company's balance sheet on September 30, reflects cash and cash equivalents of_ $47,500 $59,500 $49,500 $62,000 $74,500
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