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Marshell Company Has Cash in Bank of $15,000, Restricted Cash

Question 33

Multiple Choice

Marshell Company has cash in bank of $15,000, restricted cash in a separate account of $4,000, and a bank overdraft in an account at another bank of $2,000. Marshell should report cash of


A) $13,000.
B) $15,000.
C) $18,000.
D) $19,000.

Correct Answer:

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