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Bordelain Company Has Cash in Bank of $20,000,restricted Cash in a Separate

Question 77

Multiple Choice

Bordelain Company has cash in bank of $20,000,restricted cash in a separate account of $6,000,and a bank overdraft in an account at another bank of $2,000.Kennison should report cash of ________.


A) $18,000
B) $20,000
C) $24,000
D) $26,000

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