Question 4 of 4 0/15 III X Your answer is incorrect A new accountant at Sandhill Company is trying to identify which of the following amounts should be reported as the current asset Cash and cash equivalent in the year-end balance sheet, as at June 30, 20211 2 3 4 Currency and coins totalling $79 in a locked box used for petty cash transactions. A 60-day, $13.900 marketable guaranteed investment certificate, due July 31, 2021 June-dated cheques worth $347 that Sandhill has received from customers but not yet deposited A $95 cheque received from a customer in payment of her June account, but postdated to July 1. A balance of $2,610 in the Royal Bank chequing account. A balance of $4.290 In the Royal Bank savings account Prepaid postage of $70 in the postage meter A $91 IOU from the company receptionist. 5. 6. 7. 8 2 Cash register floats of $273 LENG 11:50 AM 3 7 Prepaid postage of $70 in the postage meter. 8. 9. A $9110U from the company receptionist. Cash register floats of $273 Over-the-counter cash receipts for June 30 consisting of $550 of currency and coins, $100 of cheques from customers. $560 of debit card slips, and $710 of bank credit card slips. These amounts were processed by the bank and posted to the bank account on July 1. Ignore any related debit or credit card expenses. 10. (a) What amount should Sandhill report as its cash and cash equivalents balance at June 30, 2021? Cash and cash equivalents balance 22.603 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit