Assignment Detail

Tutors

Find how much should be reported as cash on december

    Assignment Instructions

    Assignment ID: FG132746120

    Company A had the following account balances on December 31, 2019:

    Cash in bank A – rank and file payroll account 200,000

    Cash in bank B – savings account 123,456

    Cash in bank C – checking account1 2,500,555

    Cash in bank D – savings account 2,000

    Cash in bank E – checking account2 676,777

    Cash in bank F – managerial payroll account 711,711

    1. Set aside for payment of bonds payable, acquired on October 14, 2014, due on December 31, 2020

    2. Set aside for purchase of inventories

    Problem 1: How much should be reported as cash on December 31, 2019?

    Need fresh solution to this Assignment without plagiarism?? Get Quote Now

    Expert Answer

    Asked by: Anonymous
    Plagiarism Checked
    Answer Rating:
    4.6/5

    Plagiarism free Answer files are strictly restricted for download to the student who originally posted this question.

    Related Assignments

    //
    Our customer support team is here to answer your questions. You can send Assignments directly to support team.
    👋 Hi, how can I help?