Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: Currency and...
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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: Currency and coins $620 Balance in checking account 2,800 Customer checks waiting to be deposited 1.800 Treasury bills, purchased on 11/1/2021, 2.600 mature on 4/30/2022 Marketable equity securities 9,400 Commercial paper, purchased on 11/1/2021. 5,600 mature on 1/30/2022 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents? O $13,420. O $22,820. O $7.820. $10,820. Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: Currency and coins $620 Balance in checking account 2,800 Customer checks waiting to be deposited 1.800 Treasury bills, purchased on 11/1/2021, 2.600 mature on 4/30/2022 Marketable equity securities 9,400 Commercial paper, purchased on 11/1/2021. 5,600 mature on 1/30/2022 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents? O $13,420. O $22,820. O $7.820. $10,820.
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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