(Answered) Question kaniper company has the following items at

Accounting

Question: Kaniper Company has the following items at year-end:

Cash in bank $20,000

Petty cash 300

Short-term paper with maturity of 2 months 5, 500

Postdated checks 1, 400

Kaniper should report cash and cash equivalents of

A) $20,000.

B) $20, 300.

C) $25, 800.

D) $27, 200.

E) $21, 700.

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