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Business, 11.02.2021 18:20 smhrosepetals
Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents. $6,000 cash deposit in checking account. $26,000 bond investment due in 20 years. $6,500 U. S. Treasury bill due in 1 month. $350, 3-year loan to an employee. $1,600 of currency and coins. $650 of accounts receivable.
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Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information...
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