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A new accountant at Concord Inc. is trying to identify which of the amounts shown...

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Accounting

A new accountant at Concord Inc. is trying to identify which of the amounts shown below should be reported as the current asset Cash and cash equivalents in the year-end balance sheet, as of April 30, 2022.

1. $65 of currency and coin in a locked box used for incidental cash transactions.
2. A $12,600 U.S. Treasury bill, due May 31, 2022.
3. $210 of checks that Wyne has received from customers but not yet deposited.
4. An $81 check received from a customer in payment of its April account, but postdated to May 1.
5. $3,400 in the companys checking account.
6. $6,000 in its savings account.
7. $84 of prepaid postage in its postage meter.
8. A $30 IOU from the company receptionist.

(a) What balance should Concord report as its Cash and cash equivalents balance at April 30, 2022?

Cash and cash equivalents balance $enter the cash and cash equivalents balance in dollars

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