The CPA Company invested in the following items during November and December of 2012: Required Determine the
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Determine the total of cash and cash equivalents that should be reported on the December 31, 2012, balance sheet, assuming that cash on hand was $5,500.
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November 60-day Treasury bills Preferred stock Certificate of deposit, maturing 1/31/2014 Certificate of deposit, maturing 2/1/2013 December Common stock Commercial paper, maturity date of 1/15/2013 $15,000 25,500 34,000 50,000 560,000 90,000
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