Question: < Back 9 This window shows your responses and what was marked correct and incorrect from your previous attempt. Exercise 6-5 Cash and cash

< Back 9 This window shows your responses and what was marked

< Back 9 This window shows your responses and what was marked correct and incorrect from your previous attempt. Exercise 6-5 Cash and cash equivalents LO C2 Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents. 0.5/1 points awarded Scored . $3,000 cash deposit in checking account. $20,000 bond investment due in 20 years. . . $5,000 U.S. Treasury bill due in 1 month. $200, 3-year loan to an employee. $1,000 of currency and coins. $500 of accounts receivable. Checking account $ 3,000 Bond investment 20,000X U.S. Treasury bill 5,000 Loan to an employee 200 Currency and coins 1,000 Accounts receivable Cash and cash equivalents Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. 500 $ 29,700

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