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The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 7,655 Inventory of postage stamps $ 86 Money
The following information is available for Fenton Manufacturing Company at June 30:
| Cash in bank account | $ | 7,655 |
| Inventory of postage stamps | $ | 86 |
| Money market fund balance | $ | 13,600 |
| Petty cash balance | $ | 470 |
| NSF checks from customers returned by bank | $ | 987 |
| Postdated checks received from customers | $ | 691 |
| Money orders | $ | 1,457 |
| A nine-month certificate of deposit maturing on December 31 of current year | $ | 9,200 |
Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:
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Advanced Financial Accounting
Authors: Clarence Byrd, Ida Chen
4th Edition
013089611X, 978-0130896117
