![aderahd7352](/avatars/22100.jpg)
aderahd7352
11.02.2021 •
Business
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.
Solved
Show answers
More tips
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
Answers on questions: Business
- B Business The competitive equilibrium rent in a standard two bedroom apartment in lawrence (a city) is $600. now suppose the city council imposes a rent control law, imposing a price ceiling...
- B Biology The final part of the brain to mature is involved in...
- M Mathematics The experience of a car dealer shows that 60% of the customers purchase a stereo as an option with their cars, 50% purchase tinted windows, and 35% purchase both. find the probability...
- S Social Studies The idea that gender roles come from lifelong socialization is an example of...
- H History The essential similarity between the structuralists and functionalists was...
- P Physics Arigid copper tank, initially containing 1 m3 of air at 295k, 5 bar, is connected by a valve to a large supply line carrying air at 295k, 15 bar. the valve is opened only as...
- M Mathematics In the expansion of (1+kx)^n, the second and the third term are (-9/2)x and 9x^2 respectively. find the value of k and of n....
- M Mathematics Dale has three dollars more than twice the amount of monwy that leo has. which statments makes this comparison using the correct variable expression? a.) if leo has d dollars,...
- G Geography The cookies in sarah’s cookie jar decrease by 5 cookies every 2 days .which rational number does not describe the scenario? a.5cookies/2 days b.-5cookies/2days c.5cookies/-2...
- S Spanish How do you wish someone a happy birthday in spanish?...
Ответ:
Total Cash and Cash Equivalents = $14,100
Explanation:
Particulars Amount Reason
Checking Account $6,000 Readily realizable
Bond Investment Nil The bond is due in 20 yrs, hence not readily realizable
U.S. Treasury Bill $6,500 Due in 1 month
Loan to an Employee Nil The loan is for a period of more than 3 months
Currency and Coins $1,600 They are cash itself
Accounts Receivable Nil Accounts receivable is not considered as readily realizable
Total Cash and Cash Equivalents = $14,100
Ответ: