Question
The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 8,155 Inventory of postage stamps $ 91 Money
The following information is available for Fenton Manufacturing Company at June 30:
| Cash in bank account | $ | 8,155 |
| Inventory of postage stamps | $ | 91 |
| Money market fund balance | $ | 14,100 |
| Petty cash balance | $ | 520 |
| NSF checks from customers returned by bank | $ | 1,037 |
| Postdated checks received from customers | $ | 816 |
| Money orders | $ | 1,957 |
| A nine-month certificate of deposit maturing on December 31 of current year | $ | 9,700 |
Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:
-
$23,903
-
$24,732
-
$20,332
-
$22,775
-
$23,812
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Transfer Pricing Audits In China
Authors: J. Li, A. Paisey
2007th Edition
0230001963, 978-0230001961
