Indicate whether or not each of the following ten items should be included in the cash balance presented on the balance sheet Also indicate the normal balance sheet treatment for those items not included ascash Item Include in Cash Balance Classification of Items Excluded 1 NSF checks 2 Savings acc...

Item Include in Cash Balance Classification of Items Excluded 1 2 3 4 5 6 ...

Indicate whether or not each of the following ten items should be included in the cash balance

Question:

Indicate whether or not each of the following ten items should be included in the cash balance presented on the Also indicate the normal treatment for those items not included ascash.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...