Cash and cash equivalents, Accounting Basics

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Cash and cash equivalents

At year end, RJN Company has $3,400 on hand in currency and coins, deposits in checking accounts of $32,000, U.S. Treasury bills due in 60 days worth $58,000, and U.S. Treasury bonds due in 180 days worth $88,000. On its balance sheet, cash and cash equivalents will be shown as ??

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Accounting Basics: Cash and cash equivalents

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Accounting Basics: Cash and cash equivalents

Reference No:- TGS079257

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Recent Questions Asked Accounting Basics

Q : Auditor to plan the audit to detect misstatements

Q : What was the liability relative to the january payroll

Q : Types of consulting services that audit firms have provided

Q : Amount of bond interest expense recorded on first interest

Q : Cash and cash equivalents

Q : What is the normal balance for each account

Q : Earnings from a part-time job problem

Q : Problem based on report as capitalized interest

Q : Find out the amount of direct materials used

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Cash and cash equivalents

Reference No:- TGS079257

Recent Questions Asked Accounting Basics

Q : Auditor to plan the audit to detect misstatements

Q : What was the liability relative to the january payroll

Q : Types of consulting services that audit firms have provided

Q : Amount of bond interest expense recorded on first interest

Q : Cash and cash equivalents

Q : What is the normal balance for each account

Q : Earnings from a part-time job problem

Q : Problem based on report as capitalized interest

Q : Find out the amount of direct materials used

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