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Question 1 Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2023: Currency and coins Balance in checking account Customer checks
Question 1 Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2023: Currency and coins Balance in checking account Customer checks waiting to be deposited Treasury bills, purchased on 11/1/2023, mature on 4/30/2024 Marketable equity securities Commercial paper, purchased on 11/1/2023, mature on 1/30/2024 9,450 $650 Search 2,600 1,200 3,000 10,200 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents? 5,000 X 200m
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