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View Policies Current Attempt in Progress Kingbird Enterprises owns the following assets at December 31, 2025. Cash in bank-savings account $68,800 Checking account balance $22,900 Cash on hand 8,720 Postdated checks 910 Cash refund due from IRS 36,100 Certificates of deposit (180-day) 99,000 What amount should be reported as cash? Cash to be reported $

View Policies Current Attempt in Progress Kingbird Enterprises owns the following assets at December 31, 2025. Cash in bank-savings account $68,800 Checking account balance $22,900 Cash on hand 8,720 Postdated checks 910 Cash refund due from IRS 36,100 Certificates of deposit (180-day) 99,000 What amount should be reported as cash? Cash to be reported $

FINANCIAL ACCOUNTING
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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View Policies Current Attempt in Progress Kingbird Enterprises owns the following assets at December 31, 2025. Cash in bank-savings account $68,800 Checking account balance $22,900 Cash on hand 8,720 Postdated checks 910 Cash refund due from IRS 36,100 Certificates of deposit (180-day) 99,000 What amount should be reported as cash? Cash to be reported $
Transcribed Image Text:View Policies Current Attempt in Progress Kingbird Enterprises owns the following assets at December 31, 2025. Cash in bank-savings account $68,800 Checking account balance $22,900 Cash on hand 8,720 Postdated checks 910 Cash refund due from IRS 36,100 Certificates of deposit (180-day) 99,000 What amount should be reported as cash? Cash to be reported $
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