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Specter Company combines cash and cash equivalents on the balance sheet Using the following information, determine the amount reported on the year-end balance sheet for
Specter Company combines cash and cash equivalents on the balance sheet Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents $22,000 cash deposit in chequing account. $58,000 bond investment due in 20 years. $14,500 U.S. Treasury bill due in 1 month. $1,150, 3-year loan to an employee. $4,800 of currency and coins. $1,450 of accounts receivable. Chequing account Bond investment U.S. Treasury bill Loan to an employee Currency and coins Accounts receivable $ Total Cash and cash equivalents Q Search Amount 22,000 58,000 14,500 1,150 4,800 1,450 Included in Cash and Cash Equivalents? Saved Prev Cash and Cash Equivalents Amount 1 of 8 - BUS Next H Help > Save & Exit Submit Check my work ENG US 44 9:06 AM 2023-05-24 A
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