Business, 16.10.2019 05:20 deanblackstone
Anew accountant at windsor, inc. is trying to identify which of the following amounts should be reported as the current asset "cash and cash equivalents" in the year-end balance sheet, as of april 30, 2017. 1. $70 of currency and coin in a locked box used for incidental cash transactions. 2. a $11,100 u. s. treasury bill, due may 31, 2017. 3. $300 of april-dated checks that windsor has received from customers but not yet deposited. 4. an $96 check received from a customer in payment of its april account, but postdated to may 1. 5. $2,730 in the company’s checking account. 6. $5,210 in its savings account. 7. $70 of prepaid postage in its postage meter. 8. a $40 iou from the company receptionist. (a) what balance should windsor report as its "cash and cash equivalents" balance at april 30, 2017?
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Anew accountant at windsor, inc. is trying to identify which of the following amounts should be repo...
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