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Smithson Company had the following cash balance items listed in its trial balance at 12/31/13: Peterson Savings and loan 50,000 Right Bank -5,000 Country Trust

Smithson Company had the following cash balance items listed in its trial balance at 12/31/13: Peterson Savings and loan 50,000 Right Bank -5,000 Country Trust Bank 10,000 If Smithson reports under US GAAP, its 12/31/13 balance sheet would show what cash balance? -5,000 55,000 60,000 75,000

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