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The balance in a company's Cash account on August 31 was $18,800 before the bank reconciliation was prepared. After examining the August bank statement and

The balance in a company's Cash account on August 31 was $18,800 before the bank reconciliation was prepared. After examining the August bank statement and items included with it, the company's accountant found:

A company reports the following amounts:

Cash Total Assets Total Liabilities
$ 10,000 $ 50,000 $ 35,000

What is the ratio of cash to noncash assets?

What is the amount of cash that should be reported in the balance sheet as of August 31?

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