Selected accounts from the SFP of TMI Limited at 31 December 20X4 and 20X5, are presented below Required Calculate the change in cash for theyear 20X5 20X4 As at 31 December Cash 1 Cash 2 (overdrawn at the end of 20X4) Short term investments (a cash equivalent) $ 230,000 $ 20,000 15,000 300,000 (70...

Total Opening cash 20000 ca ...

Selected accounts from the SFP of TMI Limited at 31 December 20X4 and 20X5, are presented below.

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Selected accounts from the SFP of TMI Limited at 31 December 20X4 and 20X5, are presented below.

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Calculate the change in cash for theyear.

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 09:04 AM

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Selected accounts from the SFP of TMI Limited at 31 December 20X4 and 20X5, are presented below.

Question:

20X5 20X4 As at 31 December Cash #1 Cash #2 (overdrawn at the end of 20X4) Short-term investments (a cash equivalent) $ 230,000 $ 20,000 15,000 300,000 (70,000)

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Total Opening cash 20000 ca...View the full answer

Intermediate Accounting

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