nateconn3647 nateconn3647
  • 02-11-2017
  • Business
contestada

The company has $10,000 in its checking account, $20,000 in its savings account, $1,000 in petty cash, $25,000 in one-year treasury bills, and $15,000 in a money market fund. what amount should be reported as cash and cash equivalents on the balance sheet?

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snowleopard1142
snowleopard1142 snowleopard1142
  • 03-11-2017
$71,000, because that is how much moneyz they have, total. And what is "petty cash"?
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