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The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account Inventory of postage stamps Money market fund balance Petty
The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account Inventory of postage stamps Money market fund balance Petty cash balance NSF checks from customers returned by bank Postdated checks received from customers Money orders A nine-month certificate of deposit maturing on December 31 of current year $ 6,555 $ 75 $12,500 $ 360 877 $ 416 $ 357 $ 8,100 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of: Multiple Choice $20,292 O $19,415 o $20,367 O $19,772
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