Monday, December 12, 2011

Which of the following items should not be included in the Cash caption on the balance sheet?

A) Coins and currency in the cash register


B) Checks from other parties presently in the cash register


C) Amounts on deposit in checking account at the bank


D) Postage stamps on hand|||A) cash and currency in the register








checks are not cash (receivable), deposit is receiveable as well, postage stamps are supplies.|||D) Postage stamps on hand


That is a correct answer

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