Question: Computing the Cash Balance Listed below are ten items that may be found on a balance sheet. Required: Indicate with Yes or No whether each

Computing the Cash Balance

Listed below are ten items that may be found on a balance sheet. Required:

Indicate with Yes or No whether each of the items should be included in the cash balance presented on the balance sheet. If "Yes" is selected for the "Included in Cash Balance" column, Choose "Cash" as the choice in the "Classification Items Excluded" column, otherwise, indicate the Normal balance sheet treatment for those items Not included as cash.

Item	Included in Cash Balance	Classification Items Excluded

NSF checks
Savings account
Compensating balance
Postdated checks
IOUs
Cash on hand
Cash in sinking fund
Travel advance
Bank draft
Prepaid debit card

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