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Waterway Industries has the following items at year-end: Cash in bank $41,000 Petty cash 510 Short-term paper with maturity of 2 months 8,600 Postdated checks
Waterway Industries has the following items at year-end:
Cash in bank | $41,000 | |
Petty cash | 510 | |
Short-term paper with maturity of 2 months | 8,600 | |
Postdated checks | 2,230 |
Waterway should report cash and cash equivalents of
answer choices
a.$41,510
b.$52.340
c.$50,110
d.$41,000
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