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How much should richter report as cash

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Reference no: EM131924813

Question: Cash Reporting

Richter Industries has the following items:

Currency                                                                                                 $27,500

Customer checks that have not been deposited                                                  850

U.S. government bonds that originally maturing in 3 months                                11,000

U.S. government bonds that originally maturing in 12 months                              14,000

Cash in saving and checking accounts                                                            50,000

Certificates of deposits that originally maturing in 18 months                               47,000

Required: How much should Richter report as cash and equivalents on its balance sheet?

Reference no: EM131924813

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