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Business, 18.10.2019 17:30 jaanne

Logistics company had the following items listed in its trial balance at 12/31/19: balance in checking account, bank of the east $ 442,000 treasury bills, purchased on 11/1/19, mature on 1/30/20 20,000 loan payable, long-term, bank of the east $300,000 included in the checking account balance is $50,000 of restricted cash that bank of the east requires as a compensating balance for the $300,000 note. what amount will logistics include in its year-end balance sheet as cash and cash equivalents?

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Logistics company had the following items listed in its trial balance at 12/31/19: balance in check...
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