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Below are several amounts reported at the end of the year Currency located at the company $100 Supplies 2700 Short-term investments that mature within three months

Below are several amounts reported at the end of the year?
Currency located at the company ………….$1,500
Supplies ………………….. 2,700
Short-term investments that mature within three months …. 900
Accounts receivable ………………. 2,700
Balance in savings account …………….. 6,300
Checks received from customers but not yet deposited …… 750
Prepaid rent ………………….. 1,350
Coins located at the company …………… 250
Equipment …………………. 9,900
Balance in checking account …………… 7,100

 

Required:
Calculate the amount of cash to report in the balance sheet.

Apr 03 2020 Read more Less More

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