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Topic: Cash Flow Statement Hopper company is preparing its Cash Flow Statement. The accountant preparing the statement is presented with the following information: Bank Account
Topic: Cash Flow Statement
Hopper company is preparing its Cash Flow Statement. The accountant preparing the statement is presented with the following information:
Bank Account A $35,000
Bank Account B $16,500
Bank Account C $(1,200)
Requirement: What amount should appear as cash and cash equivalents in the cash flow statement?
Provide specific Codification references.
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