Question: O Your answer is partially correct. Presented below are a number of independent situations. For each individual situation, determine the amount that should be reported

Presented below are a number of independent situations. For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $118,000; savings account balance $213,000; cash advance to subsidiary of $521,000; vtility deposit paid to electric company $110. Cash balance 3. Checking account balance $219,000; postdated check from customer $10,000; cash restricted due to maintaining compensating balance requirement of $90,000; postage stamps on hand $119; cash advance of $6,000 to company executive, payable on demand. Cash balance
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