Mullins Corp. reported the following items on its June 30, 2017 trial balance and on its comparative
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Determine the June 30, 2017 cash and cash equivalents amount for the 2017 statement of cash flows, and calculate the change in cash and cash equivalents since June 30, 2016.
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June 30, 2017 Jne 30, 2016 $9,460 525 Cash in bank Petty cash Investment in shares of GTT Ltd. (to be sold within 60 days) Investment in Canada 60-day treasury bills Accounts payable Temporary bank overdraft, chequing account $12,100 700 6,500 22,000 66,300 13,800 69,225 1,000
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Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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