Question: Granny's Quilt Shoppe has $ 2 , 5 5 0 in currency and coins in the cash register along with $ 1 , 2 0
Granny's Quilt Shoppe has $ in currency and coins in the cash register along with $ of personal checks. Two of those personal checks, each for $ are postdated. They also have $ worth of postage stamps and $ in the petty cash fund. Additionally, the shop has a balance of $ in their checking account, $ in their savings account, and $ in a certificate of deposit. How much should be reported as cash in the balance sheet?
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