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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. - $13,000 cash deposit in checking account. - $40,000 bond investment due in 20 years. - $10,000 U.S. Treasury bill due in 1 month. - \$700,3-year loan to an employee. - $3,000 of currency and coins. - $1,000 of accounts receivable
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