Reference no: EM133011550
A new accountant at Blossom Ltée is trying to identify which of the following amounts should be reported as cash and cash equivalents in the April 30 year-end statement of financial position:
1. Currency and coin totalling $ 144 in a locked box used for incidental cash transactions.
2. A balance of $ 5,374 in the Royal Bank chequing account.
3. A balance of $ 6,200 in the Royal Bank savings account.
4. A $ 31,000 government treasury bill, due the next month, May 31.
5. April-dated cheques worth $ 930 that Blossom has received from customers but not yet deposited.
6. A $ 238 cheque received from a customer in payment of its April account, but postdated to May 1.
7. Over-the-counter receipts for April 30 consisting of $ 2,160 of currency and coin and $ 1,530 of cheques from customers, which were processed by the bank on May 1.
8. A $ 62 IOU from the company receptionist.
9. Cash register floats of $ 620.
Problem (a) What amount should Blossom report as its cash balance at April 30?
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