At october 31, 2011, KABA MODERN Co. Had cash accounts at three different banks. Postage stamps and IOU found in petty cash drawer should be reported as Supplies and receivables because they represent the equivalent of money. The one item that should be excluded from cash and cash equivalent on the Dec. 31, 2011 balance sheet of SPONGEBOB Company is a. AP 100,000 minimum balance in the firm's current account which is maintained to avoid service charges u.u.
At october 31, 2011, KABA MODERN Co. Had cash accounts at three different banks. Postage stamps and IOU found in petty cash drawer should be reported as Supplies and receivables because they represent the equivalent of money. The one item that should be excluded from cash and cash equivalent on the Dec. 31, 2011 balance sheet of SPONGEBOB Company is a. AP 100,000 minimum balance in the firm's current account which is maintained to avoid service charges u.u.
At october 31, 2011, KABA MODERN Co. Had cash accounts at three different banks. Postage stamps and IOU found in petty cash drawer should be reported as Supplies and receivables because they represent the equivalent of money. The one item that should be excluded from cash and cash equivalent on the Dec. 31, 2011 balance sheet of SPONGEBOB Company is a. AP 100,000 minimum balance in the firm's current account which is maintained to avoid service charges u.u.