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t ences Exercise 6-5 (Algo) Cash and cash equivalents LO C2 Specter Company combines cash and cash equivalents on the balance sheet. Using the
t ences Exercise 6-5 (Algo) Cash and cash equivalents LO C2 Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amoun 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 US. Treasury bill due in 1 month. $700, 3-year loan to an employee $3,000 of currency and coins $1,000 of accounts receivable. MC Included in Cash and Cash and Amount Cash Equivalents? Casly Equivalents Amount Checking account $ 13,000 Bond investment 40,000 U.S. Treasury bill 10.000 Loan to an employee 700 Currency and coins 3,000 Accounts receivable 1,000 Total Cash and cash equivalents Prev 1 of 4 Next >
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