Business, 29.10.2019 07:31, silasjob09
Specter co. combines cash and cash equivalents on the balance sheet. using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents.
$7,000 cash deposit in checking account.
$28,000 bond investment due in 20 years.
$7,000 u. s. treasury bill due in 1 month.
$400, 3-year loan to an employee.
$1,800 of currency and coins.
$700 of accounts receivable.
checking account:
bond investment:
u. s. treasury bill:
loan to an employee:
currency and coins:
accounts receivable:
cash and cash equivalents:
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Specter co. combines cash and cash equivalents on the balance sheet. using the following information...
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