your answer is incorrect. Try again. A new accountant at Leftwich Inc. is trying to...
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your answer is incorrect. Try again. A new accountant at Leftwich 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, 2014. $60 of currency and coin in a locked box used for incidental cash transactions. A $10,000 U.S. Treasury bill, due May 31, 2014. $260 of April-dated checks that Leftwich has received from customers but not yet deposited. An $85 check received from a customer in payment of its April account, but postdated to May 1. $2,500 in the company's checking account. $4,800 in its savings account. $75 of prepaid postage in its postage meter. A $25 IOU from the company receptionist. What balance should Leftwich report as its "Cash and cash equivalents" balance at April 30, 2014? Cash and cash equivalents balance at April 30, 2014
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