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What amount should be reported as cash and cash equivalents on December 31, 20197 10. Transition Company had the following balances on December 31, 2019:

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What amount should be reported as cash and cash equivalents on December 31, 20197 10. Transition Company had the following balances on December 31, 2019: Cash In checking account 35,000 Cash in money market account 75,000 Treasury bill, purchased November 1, 2019 maturing January 31, 2020 350,000 Time Deposit purchased December 1, 2019 maturing March 31, 2020 400,000 Your

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