Question: Lor's Company has the following items: cash in a checking account, $ 1 0 , 0 0 0 ; cash in a savings account, $

Lor's Company has the following items: cash in a checking account, $10,000; cash in a savings account, $0,000, high - grade government securities dve in one morth (purchased last month) $3.576; accounts recelvabile, $3,000. How much should appear as Cash and Cash Equivalerts on the balance sheot?
A. $22,576
B. $22,000
C. $25,576
D. $9,000
Lor's Company has the following items: cash in a

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