Chapter 6, Problem 1E

Computing; the Cash Balance Listed below are ten items that may be found on a balance sheet.

Required:

1. 1. Indicate with or no whether each of the items should be included in the cash balance presented on the balance sheet. Also indicate the normal balance sheet treatment for those items not included as cash.

1. 2. Next Level What is the overriding concept in determining whether an item included in or excluded from cash?