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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:

Currency and coins $ 560
Balance in checking account 3,400
Customer checks waiting to be deposited 2,700
Treasury bills, purchased on 11/1/2021,mature on 4/30/2022 2,000
Marketable equity securities 9,400
Commercial paper, purchased on 11/1/2021,mature on 1/30/2022 4,400
What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents

User Gooddadmike
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1 Answer

20 votes
20 votes

Answer:

5$

Step-by-step explanation:

User MikeWo
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