Solved: Kingbird enterprises owns the following assets at december, Accounting Basics

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Kingbird enterprises owns the following assets at december

Question - Kingbird Enterprises owns the following assets at December 31, 2017.

Cash in bank - savings account	70,600	Checking account balance	20,800
Cash on hand	8,300	Postdated checks	840
Cash refund due from IRS	34,500	Certificates of deposit (180-day)	94,900

What amount should be reported as cash?

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Accounting Basics: Kingbird enterprises owns the following assets at december

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Accounting Basics: Kingbird enterprises owns the following assets at december

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