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Which of the following statements is correct regarding the reporting of cash? Select one: If a company maintains more than one bank account, each must
Which of the following statements is correct regarding the reporting of cash?
Select one:
If a company maintains more than one bank account, each must be shown separately on the balance sheet.
Restricted cash is usually combined with unrestricted cash on the balance sheet.
Cash is shown as the first asset on the balance sheet.
Restricted cash is always shown as a noncurrent asset.
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