Business, 15.11.2019 02:31 ericavasquez824

Cashmere soap corporation had the following items listed in its trial balance at 12/31/2016:
currency and coins $ 650
balance in checking account 2,600
customer checks waiting to be deposited 1,200
treasury bills, purchased on 11/1/2016, mature on 4/30/2017 3,000
marketable equity securities 10,200
commercial paper, purchased on 11/1/2016, mature on 1/30/2017 5,000
what amount will cashmere soap include in its year-end balance sheet as cash and cash equivalents?
a) $9,450.
b) $12,450.
c) $7,450.
d) $19,650.

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Cashmere soap corporation had the following items listed in its trial balance at 12/31/2016:
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