Homework Answers
| Cash, cash equivalent or neither | |
| Three months certificate of deposit | Cash equivalent |
| Supplies | Neither |
| Checks received | Cash equivalent |
| Balance in checking account | Cash |
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Use the following to answer questions 1 - 4 Determine whether the firm reports each of...
please show work Use the following to answer questions 1-4 Determine whether the firm reports each...
please show work
Use the following to answer questions 1-4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet. Item Cash, Cash equivalent, or neither Inventory for sale to customers 2. Investment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted...
Use the following to answer questions 1-4 Determine whether the firm reports each of the following...
Use the following to answer questions 1-4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers Investment with a maturity of 80 days at purchase Three month US Treasury Bill Bank deposits Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or...
Use the following to answer questions 1 - 4 Determine whether the firm reports each of...
Use the following to answer questions 1 - 4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet Item Cash, Cash equivalent, or neither 1 2. 3 Inventory that will be sold in 30 days 30 day US Treasury bill Accounts receivable to be collected in 30 days Investments with maturities of six months Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item...
Determine whether the firm reports each of the following items as part of cash and cash...
Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet. Item Cash or Cash Equivalent? (yes/no) 1. Currency 2. Inventory for sale to customers 3. Balance in savings account 4. Checks 5. Accounts receivable 6. Investments purchased with maturities of less than three months
Determine whether the firm reports each of the following items as part of cash, cash equivalents,...
Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet. Item Cash, Cash equivalent, or neither 2. 3 4. Inventory for sale to customers Investment with a maturity of 80 days at purchase Three month US Treasury Bill Bank deposits
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the...
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or neither in the Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers 2.1 Investment with vestment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 bank Reconciliation: Identify whether the item should be added or subtracted from...
Determine whether the firm reports each of the following items as part of cash and cash...
Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet. Item Cash or Cash Equivalent? (yes/no) 1. Currency 2. Inventory for sale to customers 3. Balance in savings account 4. Checks 5. Accounts receivable 6. Investments purchased with maturities of less than three months Below are several statements about occupational fraud. Required: Select whether the answer to each of the statements is true or false. Statements For most large...
Using the following information determine the amount that Pearson will report as Cash and Cash Equivalents...
Using the following information determine the amount that Pearson will report as Cash and Cash Equivalents on the Balance Sheet at the end of December. Item Amount Cash is checking account $10,000 Petty cash 580 Postage Stamps 654 Check from customer dated Jan 20, next year 321 3-month certificate of deposit 35,000 12- month certificate of deposit 35,000 Check from customer dated Dec 15, this year 175 Undeposited Cashier’s Checks from customer 729 IOU from customer 500 6-month U.S. Treasury...
QUESTION 50 Using the following information determine the amount that Pearson will report as Cash and...
QUESTION 50 Using the following information determine the amount that Pearson will report as Cash and Cash Equivalents on the Balance Sheet at the end of December Item Amount Cash is checking account $10,000 Petty cash 580 Postage Stamps 654 Check from customer dated Jan 20, next year 321 3-month certificate of deposit 35,000 12-month certificate of deposit 35,000 Check from customer dated Dec 15, this year 175 Undeposited Cashier's Checks from customer 729 IOU from customer 500 6-month U.S....
Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added...
Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or the company balance. Use the number 1-4) for your response. For instance, if the amount should be added to bank statement balance you would input 1. 1. Added to bank statement balance 2. Subtracted from bank statement balance 3. Added to company cash balance 4. Subtracted from company cash balance 6 7 8 Item Bank deducted too...
please show work
Use the following to answer questions 1-4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet. Item Cash, Cash equivalent, or neither Inventory for sale to customers 2. Investment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted...
Use the following to answer questions 1-4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers Investment with a maturity of 80 days at purchase Three month US Treasury Bill Bank deposits Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or...
Use the following to answer questions 1 - 4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet Item Cash, Cash equivalent, or neither 1 2. 3 Inventory that will be sold in 30 days 30 day US Treasury bill Accounts receivable to be collected in 30 days Investments with maturities of six months Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item...
Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet. Item Cash or Cash Equivalent? (yes/no) 1. Currency 2. Inventory for sale to customers 3. Balance in savings account 4. Checks 5. Accounts receivable 6. Investments purchased with maturities of less than three months
Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet. Item Cash, Cash equivalent, or neither 2. 3 4. Inventory for sale to customers Investment with a maturity of 80 days at purchase Three month US Treasury Bill Bank deposits
answer questions 1-4 Determine whether the fire balance sheet. ether the firm reports each of the following items as part of cash, cash equivalents, or neither in the Item Cash, Cash equivalent, or neither 1 Inventory for sale to customers 2.1 Investment with vestment with a maturity of 80 days at purchase 3 Three month US Treasury Bill 4. Bank deposits Use the following to answer questions 5-8 bank Reconciliation: Identify whether the item should be added or subtracted from...
Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet. Item Cash or Cash Equivalent? (yes/no) 1. Currency 2. Inventory for sale to customers 3. Balance in savings account 4. Checks 5. Accounts receivable 6. Investments purchased with maturities of less than three months Below are several statements about occupational fraud. Required: Select whether the answer to each of the statements is true or false. Statements For most large...
QUESTION 50 Using the following information determine the amount that Pearson will report as Cash and Cash Equivalents on the Balance Sheet at the end of December Item Amount Cash is checking account $10,000 Petty cash 580 Postage Stamps 654 Check from customer dated Jan 20, next year 321 3-month certificate of deposit 35,000 12-month certificate of deposit 35,000 Check from customer dated Dec 15, this year 175 Undeposited Cashier's Checks from customer 729 IOU from customer 500 6-month U.S....
Use the following to answer questions 5-8 Bank Reconciliation: Identify whether the item should be added or subtracted from the bank balance or the company balance. Use the number 1-4) for your response. For instance, if the amount should be added to bank statement balance you would input 1. 1. Added to bank statement balance 2. Subtracted from bank statement balance 3. Added to company cash balance 4. Subtracted from company cash balance 6 7 8 Item Bank deducted too...
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