Below are several amounts reported at the end of the year. Currency located at the company 800
Supplies 2200
Short-term investments that mature within three months 1700
Accounts receivable 2500
Balance in savings account 7500
Checks received from customers but not yet deposited 400
Prepaid rent 1200
Coins located at the company 100
Equipment 8400
Balance in checking account 5200
Required: Calculate the amount of cash to report in the balance sheet.

Calculation of the amount of cash to report in the balance sheet

     Particulars                                          Amount

Currency located at the company          $800

Short-term investments that mature       $1,700

within three months

Balance in savings account                      $7,500

Checks received from customers            $400

but not yet deposited

Coins located at the company                  $100

Balance in checking account                    $5,200

Cash at the end of the year                     $15,700

Thus, the amount of cash to report in the balance sheet is  $15,700,

Note: Supplies ,account receivables and prepaid rent are current asset of the company other than cash. Equipment are non cash

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