Question

Below are several amounts reported at the end of the year?
Currency located at the company ............. $1,050
Supplies .................................................... 3,200
Short-term investments that mature within three months ... 1,950
Accounts receivable ............................................. 3,500
Balance in savings account .................................. 8,500
Checks received from customers but not yet deposited ...... 650
Prepaid rent .......................................................... 1,450
Coins located at the company .................................................... 110
Equipment ................................................................................. 9,400
Balance in checking account ..................................................... 6,200

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



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  • CreatedJuly 15, 2014
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