3) The following information is available for Birch Company at December 31: Cash in registers Investment...
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3) The following information is available for Birch Company at December 31: Cash in registers Investment maturing in 9 years Accounts receivable Cash in bank account Accounts payable Cash in petty cash fund Inventory of postage stamps U.S. Treasury bill maturing in 15 days $ 2,790 $10,000 $1,475 $21,430 $ 650 $ 200 $24 $5,000 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of: A) $29,420 B) $41,345 C) $31,345 D) $39,420 E) $38,770 3) The following information is available for Birch Company at December 31: Cash in registers Investment maturing in 9 years Accounts receivable Cash in bank account Accounts payable Cash in petty cash fund Inventory of postage stamps U.S. Treasury bill maturing in 15 days $ 2,790 $10,000 $1,475 $21,430 $ 650 $ 200 $24 $5,000 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of: A) $29,420 B) $41,345 C) $31,345 D) $39,420 E) $38,770
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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