Reference no: EM132746193
Company A has the following checks representing collections on December 31, 2018:
Check 1 - dated December 31, 2019 55,555
Check 2 - dated December 31, 2018 68,686
Check 3 - dated December 31, 2020 77,787
Check 4 - dated January 1, 2019 8,898
Check 5 - dated January 1, 2020 10,000
Check 6 - dated January 1, 2018 2,001
Problem 1: How much should be included in its Cash on December 31, 2018?
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