Using Y for yes and N for no, indicate whether each of the following items should be included in cash and cash equivalents on the balance sheet. If an item should not be included in cash and cash equivalents, indicate where it should appear on the balance sheet.
______ 1. Checking account at Third County Bank
______ 2. Petty cash fund
______ 3. Coin and currency
______ 4. Postage stamps
______ 5. An IOU from an employee
______ 6. Savings account at Ft. Worth Savings & Loan
______ 7. A six-month CD
______ 8. Undeposited customer checks
______ 9. A customer’s check returned by the bank and marked NSF
______ 10. Sixty-day U.S. Treasury bills
______ 11. A cashier’s check