3. Which of the following should be presented as cash in the statement of financia position? a: Postdated checks received qu zbohsq gniyev sot shum 14 ans 126 b. IOUS from officers to be deducted from their salaries of the followin is monthus the to c. Undelivered checks d. NSF checks ansmiz var dzas visoms bas zined ni dess and 4. Which of the following cannot be shown as part of cash in the current asse section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer 3 and 4 only asap
Multiple Choice
1. Cash includes
por de
0.024
Nsa Money only
Pb. Money and neg ble instruments
Morc. Any negotiable instrum
ug promissory notes.
d. Mae
any instrument that is
lately payable in money and
acceptable by the bank for deposit and immediate edit.
Janoo tauopos elds,atos bas VIOS TE
2. To be reported as "cash and cash equivalents", the cash equivalent must be
cularly a bank
ference shares or bonds
financial institution
a. Dep
b. Available for the red
c. Can be free
TERZA JATOT
in current operations
d. Sete for acquisition of construction of items of proper plant and
$82,95
uipment
208.56
3. Which of the following should be presented as cash in the statement of financial
position?
300
a: Postdated checks received qu zbohaq gniyev sot shum se aansevn
269 b. 10Us from officers to be deducted from their salaries of the following
5 months tong
c. Undelivered checks
d. NSF checks
4. Which of the following cannot be shown as part of cash in the current assets
section of the statement of financial position?
a. Cash in special checking account for payroll
b. Compensating balances
c. Cash deposited with utility company
d. Customer's checks
Transcribed Image Text:Multiple Choice 1. Cash includes por de 0.024 Nsa Money only Pb. Money and neg ble instruments Morc. Any negotiable instrum ug promissory notes. d. Mae any instrument that is lately payable in money and acceptable by the bank for deposit and immediate edit. Janoo tauopos elds,atos bas VIOS TE 2. To be reported as "cash and cash equivalents", the cash equivalent must be cularly a bank ference shares or bonds financial institution a. Dep b. Available for the red c. Can be free TERZA JATOT in current operations d. Sete for acquisition of construction of items of proper plant and $82,95 uipment 208.56 3. Which of the following should be presented as cash in the statement of financial position? 300 a: Postdated checks received qu zbohaq gniyev sot shum se aansevn 269 b. 10Us from officers to be deducted from their salaries of the following 5 months tong c. Undelivered checks d. NSF checks 4. Which of the following cannot be shown as part of cash in the current assets section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks
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