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xercise 7-10 new accountant at Crane Lte is trying to idenvtily which of the following amounts should be reported as cash and cash equivalents in
xercise 7-10 new accountant at Crane Lte is trying to idenvtily which of the following amounts should be reported as cash and cash equivalents in the Apri 30 year-end statemert of nancial position Currency and coin totalling $129 in a locked box used for incidental cash transations A balance of $3,900 in the Royal Bank chequng account A balance of $4,500 in the Royal Bank savings account A $26,000 government treasury bill, due the next mornth, May 31 April-dated cheques worth $800 that Crane has receved from customers but not yet deposted . A $200 cheque received from a custamer in payment of its Apnl account, but postdated to May 1 Over-the counter receipts for Apri 30 consistina of $1,380 af ourrency and con and $1,320 of cheques from oustomars, which were processed by the bank on May A $60 IOU from the company receptionist Cash register floats of $550 B. D. What amount should Crane report as ts cash balance at April 30? Cash balance s ngash equrs alerts out asNot Applicable A ENG 2017-11-28
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