Question: Determine whether the firm reports each of the following items

Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet.
Cash or Cash Equivalent?
Item (yes/no)____________
1. Currency ______________
2. Inventory for sale to customers ______________
3. Balance in savings account ______________
4. Checks ______________
5. Accounts receivable ______________
6. Investments with maturities of less than three months ______________


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  • CreatedJuly 15, 2014
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