Please answer 3 and 4 only asap Multiple Choice1. Cash includespor de0.024Nsa Money onlyPb. Money and neg ble instrumentsMorc. Any negotiable instrumug promissory notes.d. Maeany instrument that islately payable in money andacceptable by the bank for deposit and immediate edit.Janoo tauopos elds,atos bas VIOS TE2. To be reported as "cash and cash equivalents", the cash equivalent must becularly a bankference shares or bondsfinancial institutiona. Depb. Available for the redc. Can be freeTERZA JATOTin current operationsd. Sete for acquisition of construction of items of proper plant and$82,95uipment208.563. Which of the following should be presented as cash in the statement of financialposition?300a: Postdated checks received qu zbohaq gniyev sot shum se aansevn269 b. 10Us from officers to be deducted from their salaries of the following5 months tongc. Undelivered checksd. NSF checks4. Which of the following cannot be shown as part of cash in the current assetssection of the statement of financial position?a. Cash in special checking account for payrollb. Compensating balancesc. Cash deposited with utility companyd. Customer's checks

The cash component represents the physical currency, such as bills and coins, held by the company as…

3. Which of the following should be presented as cash in the statement of financia position? a: Postdated checks received qu zbohsq gniyev sot shum 14 ans 126 b. IOUS from officers to be deducted from their salaries of the followin is monthus the to c. Undelivered checks d. NSF checks ansmiz var dzas visoms bas zined ni dess and 4. Which of the following cannot be shown as part of cash in the current asse section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks

3. Which of the following should be presented as cash in the statement of financia position? a: Postdated checks received qu zbohsq gniyev sot shum 14 ans 126 b. IOUS from officers to be deducted from their salaries of the followin is monthus the to c. Undelivered checks d. NSF checks ansmiz var dzas visoms bas zined ni dess and 4. Which of the following cannot be shown as part of cash in the current asse section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter6: Cash And Internal Control

Section: Chapter Questions

Problem 6.9MCE

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