How much should appear as cash and cash equivalent

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Reference no: EM133373291

Question: A company's accountant considered the following items: coins on hand of $20, other currency on hand of $1,000, balance in a checking account of $30,000, and virtual currency (e.g., bitcoins) of $50,000. How much should appear as "Cash and Cash Equivalent" on its balance sheet?

Reference no: EM133373291

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