Question - Kingbird Enterprises owns the following assets at December 31, 2017.
Cash in bank - savings account
|
70,600
|
Checking account balance
|
20,800
|
Cash on hand
|
8,300
|
Postdated checks
|
840
|
Cash refund due from IRS
|
34,500
|
Certificates of deposit (180-day)
|
94,900
|
What amount should be reported as cash?