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Problem 1. What amount should Jon Snow Co. report as Cash & Cash Equivalents in its December 31, 2020 statement of financial position? Problem 2.

Problem 1. What amount should Jon Snow Co. report as Cash & Cash Equivalents in its December 31, 2020 statement of financial position? Problem 2. In its December 31, 2020 statement of financial position, what amount should Dean Winchester Co. report as Cash and Cash Equivalents?

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Problem 01(5pts) Jon Snow Co. had the following balances at December 31, 2020: Cash in checking account 550,000.00 Cash in money market account 200,000.00 Treasury bill purchased December 01, 2020 180,000.00 maturing February 28, 2021 Treasury bond purchased June 15, 2020 650,000.00 maturing February 28,2021 What amount should Jon Snow Co. report as Cash & Cash Equivalents in its December 31, 2020 statement of financial position? What amount should Jon Snow Co. report as Cash & Cash Equivalents in its December 31, 2020 statement of financial position? Your answer Problem 02 Problem 02 (5pts) At December 31, 2020, Dean Winchester Co. had the following balances in the accounts it maintains in SPN Bank: Checking account 01 200,000.00 Checking account 02 (112,000.00) Money Market Account 85,000.00 90-day certificate of deposit, due February 28, 215,000.00 2021 180-day certificate of deposit, due March 10, 118,000.00 2021 In its December 31, 2020 statement of financial position, what amount should Dean Winchester Co. report as Cash and Cash Equivalents? In its December 31, 2020 statement of financial position, what amount should Dean Winchester Co. report as Cash and Cash Equivalents

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