Cash and cash equivalants, Accounting Basics

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Cash and cash equivalants

As of December 31, 2009, Valley Company has $16,920 cash in it's checking account, as well as several other items listed below:

Bank credit card slips signed by customers 1400
Money market and fund balance 10000
Investment in US treasury bills 40000
Checks received from customers but not in the bank yet 1800
Investment in ATT 10% bond maturity June 2010 60000

What amount should be shown in Valley's December 31, 2009, balance sheet as "Cash and cash equivalants"?

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Accounting Basics: Cash and cash equivalants

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Q : Cash and cash equivalants

As of December 31, 2009, Valley Company has $16,920 cash in it's checking account, as well as several other items listed below,What amount should be shown in Valley's December 31, 2009, balance sheet as "Cash and cash equivalants"?

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Accounting Basics: Cash and cash equivalants

Reference No:- TGS0686586

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Recent Questions Asked Accounting Basics

Q : How to prepare the master budget

Q : Ping-pong ball shoots off

Q : Compute the hobby huts credit for employer

Q : How many social robots would need to be sampled

Q : Cash and cash equivalants

Q : Explain the retail inventory method to estimate inventory

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Accounting Basics: Cash and cash equivalants

Reference No:- TGS0686586

Recent Questions Asked Accounting Basics

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Q : Explain the retail inventory method to estimate inventory

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