As of december 31 2009 valley company has 16920 cash in its

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Reference no: EM13581744

As of December 31, 2009, Valley Company has $16,920 cash in it's checking account, as well as several other items listed below:

Bank credit card slips signed by customers 1400
Money market and fund balance 10000
Investment in US treasury bills 40000
Checks received from customers but not in the bank yet 1800
Investment in ATT 10% bond maturity June 2010 60000

What amount should be shown in Valley's December 31, 2009, balance sheet as "Cash and cash equivalants"?

Reference no: EM13581744

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