Sheridan Company has recorded the following items in its financial records. Cash in...
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Accounting
Sheridan Company has recorded the following items in its financial records. Cash in bank $ Cash in plant expansion fund Cash on hand Highly liquid investments Petty cash Receivables from customers Stock investments The highly liquid investments had maturities of months or less when they were purchased. The stock investments will be sold in the next to months. The plant expansion project will begin in years.
Sheridan Company has recorded the following items in its financial records.
Cash in bank $
Cash in plant expansion fund
Cash on hand
Highly liquid investments
Petty cash
Receivables from customers
Stock investments
The highly liquid investments had maturities of months or less when they were purchased. The stock investments will be sold in the next to months. The plant expansion project will begin in years.
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