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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/09 Currency and coins $650 Balance in checking account $2600 Customer checks waiting to deposited $1200 Treasury bills purchased on 11/1/09, mature on 4/30/10 $3000 Marketable equity securities $10,000 Commercial paper purchased on 11/1/09 mature on 1/30/10 $5,000 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9983315

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