Included in the checking account balance is $49,000 of restricted cash that Bank of the...
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Accounting
Included in the checking account balance is $49,000 of restricted cash that Bank of the East requires as a compensating balance for the $240,000 note. What amount will Logistics include in its year-end balance sheet as cash and cash equivalents? Mulsiple Choice $432.000 $459.000 $383.000 $410,000
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