Question
Sweet Enterprises owns the following assets at December 31, 2020. Cash in banksavings account 63,500 Checking account balance 21,900 Cash on hand 8,880 Postdated checks
Sweet Enterprises owns the following assets at December 31, 2020.
| Cash in banksavings account | 63,500 | Checking account balance | 21,900 | |||
|---|---|---|---|---|---|---|
| Cash on hand | 8,880 | Postdated checks | 870 | |||
| Cash refund due from IRS | 35,700 | Certificates of deposit (180-day) | 90,670 |
What amount should be reported as cash?
| Cash to be reported | $ |
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Empowering Financial Independence A Comprehensive Guide For Widows Navigating Financial Stability And Creating A Strong Financial Future
Authors: Samuel M. Howard
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