Reporting Cash Fey Company has the following items at year-end. Currency and coin in safe....
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Accounting
Reporting Cash Fey Company has the following items at year-end. Currency and coin in safe. $4,100 Funds in savings account (requires $2,300 compensating balance) 26,540 Funds in checking account 6,750 Travelers checks 625 Postdated check 1,250 Not-sufficient-funds check 880 Money market fund 32,400
Required Identify the amount of the above items that should be reported as cash and cash equivalents on Fey Companys balance sheet.
Cash and Cash Equivalents = $Answer
Certainty
: C=1 (Unsure: 67%) C=3 (Quite sure: >80%)
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