For each individual situation, determine the amount that should be reported as cash. 1. Checking...
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Accounting
For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $1,147,000; certificate of deposit $1,736,000; cash advance to subsidiary of $1,215,200; utility deposit paid to gas company $232. Cash balance $ 2. Checking account balance $744,000; an overdraft in special checking account at same bank as normal checking account of $21,080; cash held in a bond sinking fund $248,000; petty cash fund $372; coins and currency on hand $1,674. Cash balance $ 3. Checking account balance $731,600; postdated check from customer $13,640; cash restricted due to maintaining compensating balance requirement of $124,000; certified check from customer $12,152; postage stamps on hand $760
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