Kraft Enterprises owns the following assets at December 31, 2015. Cash in banksavings account 68,000 Checking account

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Kraft Enterprises owns the following assets at December 31, 2015.

Cash in bank—savings account €68,000 Checking account balance €17,000 Cash on hand 9,300 Postdated checks 750 Tax refund due 31,400 Certifi cates of deposit (180-day) 90,000 What amount should be reported as cash?

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