For the following items Questions 220-227, indicate whether each should be (a) included or (b) excluded from the line item titled Cash and cash equivalents on the balance sheet.
-Certified check
A)Included
B)Excluded

Question

Quizplus · Accepted Answer

Certified checks are considered as cash and thus should be included in the line item titled Cash and cash equivalents on the balance sheet.

For the Following Items Questions 220-227, Indicate Whether Each Should