Presented below are independent situations. For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $943,500; certificate of deposit $1,428,000; cash advance to subsidiary of $999,600; utility deposit paid to gas company $188. Cash balance $enter Cash balance in dollars 2. Checking account balance $612,000; an overdraft in special checking account at same bank as normal checking account of $17,340; cash held in a bond sinking fund $204,000; petty cash fund $306; coins and currency on hand $1,377. Cash balance $enter Cash balance in dollars 3. Checking account balance $601,800; postdated check from customer $11,220; cash restricted due to maintaining compensating balance requirement of $102,000; certified check from customer $9,996; postage stamps on hand $628. Cash balance $enter Cash balance in dollars 4. Checking account balance at bank $37,740; money market balance at mutual fund (has checking privileges) $48,960; NSF check received from customer $816. Cash balance $enter Cash balance in dollars 5. Checking account balance $714,000; cash restricted for future plant expansion $510,000; short-term Treasury bills $183,600 (which mature in 6 months); cash advance received from customer $918 (not included in checking account balance); cash advance of $7,140 to company executive, payable on demand; refundable deposit of $26,520 paid to federal government to guarantee performance on construction contract. Cash balance $enter Cash balance in dollars
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