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Juliette [100K]
3 years ago
11

Kaniper Company has the following items at year-end:Cash in bank: $35,000Petty cash: $500Short-term paper with maturity of 2 mon

th: $8,200Postdated checks: $2,100Kaniper should report cash and cash equivalents of:a. $35,000.b. $35,500.c. $43,700.d. $45,800.
Business
1 answer:
USPshnik [31]3 years ago
8 0

Answer:

$43,700

Explanation:

Cash equivalents are short-term assets that are readily and easily convertible into cash. Being highly liquid, they are typically mature in a maximum of three months.

Petty cash for Kaniper Company

= $ 35,000 + $500 + $8,200

= $43,700

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inner rites, rituals, heroes, and values of a firm. one's duty to do a job or perform a task is called.

Explanation:

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3 years ago
Identify the career described in the example
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Answer:

Not Positive but A, D, C

Explanation:

Felicia description is about "She operates her harvester"

Oscar  description is about "Oscar orders, stocks, and sells parts"

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2 years ago
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The client at the HIV clinic has come in complaining of unintended weight loss with diarrhea lasting over the last month. How is
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Answer:

The correct answer is Loss of 10% of usual weight.

Explanation:

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7 0
3 years ago
Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible. July 29 Reinstated the acc
PIT_PIT [208]

Answer:

Mar 17.

6150 Bad Debt Expense  $1.000 - Debit

1010 CASH Operating Account $275 - Debit

                 1290 A/REC Allowance for Uncollectible Accounts  $1.000 - Credit

                 1220 A/REC Trade Notes Receivable $275 - Credit

Jul 29.

1290 A/REC Allowance for Uncollectible Accounts  $1.000 - Debit

1010 CASH Operating Account $1.000 - Debit

                        6150 Bad Debt Expense  $1.000 - Credit

                        1220 A/REC Trade Notes Receivable $1.000 - Credit

Explanation:

7 0
3 years ago
What is the uses of trading, profit and lost account​
Len [333]
The profit and loss account is used to determine the net profit of the business. The starting point for the profit and loss account is the balance carries down from the trading account which is the gross profit of business. Hope this helped you out...
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