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8) Kaniper Company has the following balances at December 31, 2017 Cash in checking account $15,000 Petty cash 250 Check from
24) Kendall Company reported the following net income amounts: 2014.. ................... $42,000 $67,000 2015........... In
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Answer #1

Answer 8) B) $ 55,250

Explanation:

Cash in checking account $15000
Petty cash $250
US treasury bill putchased(12/1/17 - 2/20/18) less then 3 mounth $40000
Total $55,250
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