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What amount should be reported as cash on the september

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Reference no: EM132538152

Los Angeles Depot owns the following assets at September 30th:

Cash in checking account $ 7,500

Cash in savings account 3,000

Cash in petty cash drawer 125

Cash refund expected from IRS 2,750

Total of three checks dated September 30th 950

One check dated December 1st 130

Question 1: What amount should be reported as Cash on the September 30th balance sheet?

Reference no: EM132538152

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