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1. Suzuki Company combines cash and cash equivalents on the balance sheet. Using the
following information, determine the amount reported on the year-end balance sheet for cash and
cash equivalents. 6 points $21,000 cash deposit in checking account. $70,000 bond investment
due in 20 years. $14,000 U.S. Treasury bill due in 1 month. $1,100, 3-year loan to an employee.
$4,600 of currency and coins. $1,400 of accounts rpyable.

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  • 1. 1. Suzuki Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents. 6 points $21,000 cash deposit in checking account. $70,000 bond investment due in 20 years. $14,000 U.S. Treasury bill due in 1 month. $1,100, 3-year loan to an employee. $4,600 of currency and coins. $1,400 of accounts rpyable.