Emma Co.'s records reveal the following data at year-end: Commercial paper maturing in four months $1,600 Uncashed tax refund check 1,000 Petty cash 155 Certificates of deposit 1,675 Balance in Union Savings and Loan savings account 3,000 Postage 50 Balance in United Bank checking account (250) Treasury notes maturing in six months 2,450 Cash on hand 650 Postdated customer check 175 Employee travel advance 195 Treasury bill maturing in one month 5,500 Required: Compute the correct amount of cash and cash equivalents that will appear as a current asset on Emma Co.'s balance sheet. $fill in the blank 1

Answer rating: 100% (QA)

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