As of December 31,2018,Valley Company has $16,920 cash in its checking account,as well as several other items listed below: What amount should be shown in Valley's December 31,2018,balance sheet as "Cash and cash equivalents"?

Question

As of December 31,2018,Valley Company has $16,920 cash in its checking account,as well as several other items listed below:  What amount should be shown in Valley's December 31,2018,balance sheet as "Cash and cash equivalents"?

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The Answer of As of December 31,2018,Valley Company has $16,920 cash in its checking account,as well as several other items listed below:  What amount should be shown in Valley's December 31,2018,balance sheet as "Cash and cash equivalents"?

As of December 31,2018,Valley Company Has $16,920 Cash in Its