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A new accountant at Teal Mountain inc. is trying to identify which of the amounts...

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Accounting

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A new accountant at Teal Mountain 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 30,2025. 1. $68 of currency and coin in a locked box used for incidental cash transactions. 2. A $11,000 U.S. Treasury bill, due May 31, 2025. 3. $295 of April-dated checks that Teal Mountain has received from customers but not yet deposited. 4. An 594 check received from a customer in payment of its April account, but postdated to May 1. 5. 54,260 in the company's checking account. 6. $6,040 in its savings accourt, 7. $6B of prepaid postage in its postage meter. 8. A\$38iOU from the company receptionist. (a) What balance should Teal Mountain report as its "Cash and cash equivalents" balance at April 30, 2025? Cashand cash equivalents balance at April 30,2025

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