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Money market fund balance Investment in Apple 8% bonds, maturing June 2014 Bank credit card slips signed by customers Investment in U.S. Treasury Bonds Checks
Money market fund balance Investment in Apple 8% bonds, maturing June 2014 Bank credit card slips signed by customers Investment in U.S. Treasury Bonds Checks received from customers but not yet deposited $12,000 50,000 1,500 20,000 2,000 As of December 31, 2013, Crenshaw Oasis has $16,500 cash in its checking account, as well as several other items listed below: What amount should be shown in Crenshaw's December 31, 2013, balance sheet as "cash and cash equivalents"? $32,000 $20,000 $102,000 $52,000
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