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Vaughn Manufacturing has the following items at year-end: Cash in bank $36200 Petty cash 300 Short-term paper with maturity of 2 months 6000 Postdated checks
Vaughn Manufacturing has the following items at year-end:
Cash in bank | $36200 | |
Petty cash | 300 | |
Short-term paper with maturity of 2 months | 6000 | |
Postdated checks | 1250 |
Vaughn should report cash and cash equivalents of
| $42500. |
| $36500. |
| $43750. |
| $36200. |
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