Barinders Barbourshop Co. owns the following items: Cash in bank savings account $ 5,000 Cash on hand
Question:
Barinder’s Barbourshop Co. owns the following items:
Cash in bank savings account $ 5,000
Cash on hand 1,050
Cash refund due from the Canada Revenue Agency 1,000
Chequing account balance 14,000
Postdated cheques 2,500
What amount should Barinder’s report as cash?
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Related Book For
Accounting Principles Volume 1
ISBN: 9781119786818
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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