Coggins Inc. owns the following assets at the balance sheet date.
| Cash in bank—savings account Don't use plagiarized sources. Get Your Custom Essay on coggins inc owns the following assets at the balance sheet date 533895 For $10/Page 0nly | $ 8,000 |
| Cash on hand | 1,100 |
| Cash refund due from the IRS | 1,000 |
| Checking account balance | 12,000 |
| Postdated checks | 500 |
What amount should be reported as Cash in the balance sheet?
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