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wariber [46]
3 years ago
15

Lori's Company has the following​ items: cash in a checking​ account, $ 9 comma 000$9,000​; cash in a savings​ account, $ 7 comm

a 000$7,000​; highminus−grade government securities due in one month​ (purchased last​ month), $ 3 comma 576$3,576​; accounts​ receivable, $3,000. How much should appear as Cash and Cash Equivalents on the balance​ sheet?
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

$15,576 should appear as Cash and Cash Equivalents on the balance​ sheet

Explanation:

Cash and Cash Equivalents

= Cash in a checking account + Cash in saving account + High-grade government securities

= $5,000 + $7,000 + $3,576

= $15,576

Therefore, $15,576 should appear as Cash and Cash Equivalents on the balance​ sheet

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1 year ago
What are three key pieces of information that you can retrieve from the new car labels?.
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<h3>What is labels?</h3>

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Them three key pieces of information that a person can tend to  retrieve from the new car labels are:

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2 years ago
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True

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