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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
Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the yearend balance sheet for cash and cash equivalents.
$ cash deposit in checking account.
$ bond investment due in years.
$ US Treasury bill due in month.
$year loan to an employee.
$ of currency and coins.
$ of accounts receivable.
tableAmount,tableIncluded inCash andCashEquivalentstableCash andCashEquivalentsAmountChecking account,$$Bond investment,,US Treasury bill,,Loan to an employee,,Currency and coins,,Accounts receivable,,Total Cash and cash equivalents,$
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