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    Jfredricks33's Avatar
    Jfredricks33 Posts: 14, Reputation: 1
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    #1

    Feb 6, 2013, 02:21 PM
    Statement of Cash Flows
    If the adjusted trial balance includes Cash = $1,000; Accounts receivable = $9,400; Allowance for Doubtful Accounts = $600; Trading Securities = $5,000; and Cash Equivalents = $7,000, the total current asset on the balance sheet will be $21,800.

    True or False?
    Thanks!
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    Feb 6, 2013, 07:12 PM
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