The amount of cash reported in a company's balance sheet includes currency,coins,and balances in savings and checking accounts,as well as items acceptable for deposit in these accounts,such as checks received from customers.

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The statement is true. The amount of cash reported in a company's balance sheet includes currency, coins, balances in savings and checking accounts, as well as items acceptable for deposit in these accounts, such as checks received from customers.

The Amount of Cash Reported in a Company's Balance Sheet