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Hi help pleaseScreen Shot 2019-10-14 at 1.26.48 PM.png

Screen Shot 2019-10-14 at 1.26.48 PM.png

Specter Co. combines cash and cash equivalents on the balance sheet. Using the following
information. determine the amount reported on the year-end balance sheet for cash and cash
equivalents. . $20,000 cash deposit in checking account.
- $54,000 bond investment due in 20 years.
- $13,500 US. Treasury bill due in 1 month. - $1,050. 3-year loan to an employee. . $4,400 of currency and coins. . $1,350 of accounts receivable. Checking account $ 20,000
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U.S. Treasury bill 13,500 Loan to an employee _ Accounts receivable Cash and cash equivalents

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