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The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 7,255 Inventory of postage stamps $ 82 Bank
The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 7,255 Inventory of postage stamps $ 82 Bank account balance $ 13,200 Petty cash balance $ 430 NSF checks from customers returned by bank $ 947 Accounts payable $ 591 Cash in register $ 1,057 A certificate of deposit maturing in five years $ 8,800 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of
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