On December 31, Ranchero Company has the following items: $ 12250 in its bank chequing...
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Accounting
On December Ranchero Company has the following items: $ in its bank chequing account, $ in its bank savings account, a $ petty cash fund, $ of post dated cheques from customers $ in highly liquid short term investments purchased with maturity dates of less than days $ of short term investments with maturity dates of to days, and in a bank account restricted for use in settling advance ticket sales. How will each of these items be reported on the balance sheet?
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