Business
Business, 09.10.2019 16:10, mustafa455486a

Gatti corporation reported the following balances at june 30. accounts payable $ 165 accounts receivable 165 accumulated depreciation—equipment 73 cash 29 cash equivalents 34 common stock 290 deferred revenue 59 depreciation expense 90 dividends 6 equipment 490 notes payable (long-term) 80 notes payable (short-term) 30 petty cash 5 restricted cash (short-term) 10 retained earnings 36 salaries and wages expense 495 service revenue 670 utilities expense 79 required: what amount should be reported as ""cash and cash equivalents""? prepare a classified balance sheet. do not show the components that add up to your answer in requirement 1 but rather show only the line ""cash and cash equivalents.""

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Gatti corporation reported the following balances at june 30. accounts payable $ 165 accounts receiv...

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