Reporting Cash Jenkins Company has the following items at year-end. Currency and coin in safe....
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Reporting Cash Jenkins Company has the following items at year-end. Currency and coin in safe. $5.500 Funds in savings account (requires $2.000 compensating balance) 27,250 Funds in checking account 6.950 Traveler's checks 700 Postdated check 1,450 Not-sufficient-funds check 1,050 Money market fund 35.400 Required Identify the amount of the above items that should be reported as cash and cash equivalents on Jenkins Company's balance sheet. Cash and Cash Equivalents 0 Check
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