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Business, 10.05.2020 23:57 sabinaschaaf10

The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-term investment $ 10,400 Checks from customers $ 1,350 Equipment $ 805 Treasury bill maturing in 60 days $ 10,000 Money orders $ 290 A three-year certificate of deposit maturing in three years $ 6,000 Based on this information, the amounts considered Cash and Cash Equivalents, respectively on December 31 are:

A. Cash $8,790; Cash equivalents $26,400B. Cash $19,190; Cash equivalents $16,000C. Cash $10,430; Cash equivalents $20,400D. Cash $11,235; Cash equivalents $26,400E. Cash $8,540; Cash equivalents $22,290

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The following information is available for Montrose Company at December 31: Cash in bank account $ 8...
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