Question 4 Not yet answered Marked out of 0.20 Flag question On August 31, Concord Company has the following items: $6300 in its bank chequing account, $2900 in its bank savings account, $85 petty cash fund, $1500 of post-dated cheques from customers, $5000 in highly liquid short-term investments purchased with maturity dates of less than three months, $6000 of short-term investments with maturity dates of 100 to 365 days, and $2600 in a bank account that has restricted use. How much will be reported on the balance sheet as cash and cash equivalents? O a. $22885 O b. $18385 O C. $14285 O d. $16885 2

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Question 4 Not yet answered Marked out of 0.20 Flag question On August 31, Concord Company has the following items: $6300 in its bank chequing account, $2900 in its bank savings account, $85 petty cash fund, $1500 of post-dated cheques from customers, $5000 in highly liquid short-term investments purchased with maturity dates of less than three months, $6000 of short-term investments with maturity dates of 100 to 365 days, and $2600 in a bank account that has restricted use. How much will be reported on the balance sheet as cash and cash equivalents? O a. $22885 Ob. $18385 OC. $14285 O d. $16885 Question 4 Not yet answered Marked out of 0.20 Flag question On August 31, Concord Company has the following items: $6300 in its bank chequing account, $2900 in its bank savings account, $85 petty cash fund, $1500 of post-dated cheques from customers, $5000 in highly liquid short-term investments purchased with maturity dates of less than three months, $6000 of short-term investments with maturity dates of 100 to 365 days, and $2600 in a bank account that has restricted use. How much will be reported on the balance sheet as cash and cash equivalents? O a. $22885 Ob. $18385 OC. $14285 O d. $16885