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On December 31, 2018 Its has three checking accounts A B C all the same bank Currency 19000 Coins on hand 200 Undeposited checks dated
On December 31, 2018 Its has three checking accounts A B C all the same bank Currency 19000 Coins on hand 200 Undeposited checks dated December 30, 2018 from customers on hand 13000 Checking Account A Balance 40000 Checking Account B Balance overdraft of 7000 Checking Account C Balance 50000 (compensating balance for a long term loan Certificates of Deposit (less than 90 days at purchase and no liquidation risk) 40000 Treasury Bills that will mature in 60 days but were purchased 6 months ago 30000 Postage stamps 100 Checks dated Jan 5 2019 from customers 2000 on its Dec 31 balance sheet as cash and cash equivalents? Indicate where other items should appear on its balance sheet Show your work below
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