As of December 31,2015,Chippewa Company has $26,440 cash in its checking account,as well as several other items listed below:
What amount should be shown in Chippewa's December 31,2015,balance sheet as "Cash and cash equivalents"?
A) $30,040.
B) $139,640.
C) $209,640.
D) $59,640.
Correct Answer:
Verified
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