Solution-What amount should be reported as cash

What amount should be reported as cash

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Reference no: EM132625009

Question - The following pertains to Solid Co. at December 31, 2017:

Checkbook balance P 60,000

Bank statement balance 80,000

Check drawn on Solid's account, payable to a vendor, dated and recorded 12/31/14 but not mailed until 1/10/15 9,000

Required - On Solid's December 31, 2017 balance sheet, what amount should be reported as cash?

Reference no: EM132625009

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What amount should be reported as cash

Reference no: EM132625009

Reference no: EM132625009

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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