Tuesday, 3 November 2020

The following items appeared on the year-end trial balance of Consolidated Freight Corporation:

 The following items appeared on the year-end trial balance of Consolidated Freight Corporation: cash in a checking account, U.S. Treasury bills that mature in six months, undeposited customer checks, cash in a savings account, and currency and coins. Which of these items would be included in the company’s balance sheet as cash and cash equivalents?

 

Thanks

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