Archive for August, 2007
Certificate Of Deposit On Balance Sheet

Question: Help Cash And cash equivalents??? h.w.?
at year end sarong company had currency and coins in cash registers of 5,600,money orders from customers of 10,000, depostits in checking accounts of 64,000, U.S. treasury bills due in 80 days of 180,000, certificates of deposit at the bank that mature in six months of 200,000, and U.S. treasury bonds due in one yer of 100,000. Calculate the amount of cash and cash equivalents that will be shown on the companys year end balance sheet. I dnt get it can some one help me
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