Exercise 4-50 Cash Reporting Brown Industries has the following items: Currency $15,500 Customer cheques that have...
Brief Exercise 4-36 Cash Reporting Richter Industries has the following items: $27,500 850 Currency Customer checks that have not been deposited U.S. government bonds that originally maturing in 3 months U.S. government bonds that originally maturing in 12 months Cash in saving and checking accounts Certificates of deposits that originally maturing in 18 months 11,000 14,000 50,000 47,000 Required: How much should Richter reporI as cash and equivalents on its balance sheet?