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Kimmel, Financial Accounting, 8e Help BACK Exercise 7-12 X Your answer is incorrect. Try again....

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Kimmel, Financial Accounting, 8e Help BACK Exercise 7-12 X Your answer is incorrect. Try again. A new accountant at Wyne Inc. is trying to identify which of the amounts shown below should be 30, 2017. reported as the current asset "Cash and cash equivalents" in the year-end balance sheet, as of Apr 1. $60 of currency and coin in a locked box used for incidental cash transactions. 2. A $10,000 U.S. Treasury bill, due May 31, 2017 3. $260 of April-dated checks that Wyne has received from customers but not yet deposited 4. An $85 check recelived from a customer in payment of its April account, but postdeted to May 1 5. $2,500 in the company's checking account. 6. $4,800 in its savings account. 7. $75 of prepaid postage in its postage meter 8. A $25 1OU from the company receptionist (a) What balance should Wyne report as its "Cash and cash equivalents"balance at April 30, 20177 20394 Cash and cash equivalents balance at April 30, 2017

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