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What amount sheridan report as cash and cash equivalents

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Question - Sheridan Enterprises Inc. has the following account balances at December 31, 2022:

Cash in bank savings account $63,020

Cash on hand 13,640

Cash refund due re: overpayment of income tax 28,900

Chequing account balance 18,860

Postdated cheques from Yu Corporation 420

Guaranteed investment certificate (180 days to maturity) 82,800

Credit card balance owed by Sheridan 4,600

Required - What amount should Sheridan report as cash and cash equivalents at December 31?

Reference no: EM133069069

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