subject
Business, 18.09.2019 16:30 29delphina

Anew accountant at marin inc. is trying to identify which of the amounts shown below should be reported as the current asset "cash and cash equivalents" in the year-end balance sheet, as of april 30, 2017.1. $54 of currency and coin in a locked box used for incidental cash transactions.2. a $10,300 u. s. treasury bill, due may 31, 2017.3. $260 of april-dated checks that marin has received from customers but not yet deposited.4. an $80 check received from a customer in payment of its april account, but postdated to may 1.5. $2,880 in the company’s checking account.6. $5,730 in its savings account.7. $54 of prepaid postage in its postage meter.8. a $24 iou from the company receptionist. what balance should marin report as its "cash and cash equivalents" balance at april 30, 2017?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:30
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
question
Business, 22.06.2019 21:10
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
question
Business, 23.06.2019 00:40
On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f.o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.
Answers: 3
question
Business, 23.06.2019 01:40
The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.
Answers: 2
You know the right answer?
Anew accountant at marin inc. is trying to identify which of the amounts shown below should be repor...
Questions
question
Physics, 23.04.2020 20:56
Questions on the website: 13722361