A new accountant at Wyne Inc. is trying to identify which of the amounts shown below should be reported as the current asset “Cash and cash equivalents” in the year-end balance sheet, as of April 30, 2022. 1. $60 of currency and coin in a locked box used for incidental cash transactions. 2. A $10,000 U.S. Treasury bill, due May 31, 2022. 3. $260 of checks that Wyne has received from customers but not yet deposited. 4. An $85 check received from a customer in payment of its April account, but postdated to May 1. 5. $2,500 in the company’s checking account. 6. $4,800 in its savings account. 7. $75 of prepaid postage in its postage meter. 8. A $25 IOU from the company receptionist. Instructions a. What balance should Wyne report as its “Cash and cash equivalents” balance at April 30, 2022? b. In what account(s) and in what financial statement(s) should the items not included in “Cash and cash equivalents” be reported?

The Cash account of ReeseCorporation had a balance of $3,540 at October 31, 2018. Included were outstanding checkstotaling $1,800 and an October 31 deposit of $300 that did not appear on the bank statement.The bank statement, which came from Turnstone State Bank, listed an October 31 balance of$5,570. Included in the bank balance was an October 30 collection of $600 on account froma customer who pays the bank directly. The bank statement also showed a $30 service charge,$10 of interest revenue that Reese earned on its bank balance, and an NSF check for $50.Prepare a bank reconciliation to determine how much cash Reese actually had at October 31.

The following information was available to reconcile A.C. Forrest Company's book cash             balance with its bank statement as of June 30, 2020:                           The June 30 cash balance according to the accounting records was $14,630.                           Oustanding checks from May's bank reconciliation:             Check # 229   $770         Check # 230   540                       Below is a record of the cash receipts and cash payments for June:                           Cash Deposits   Cash Payments     Date Amount   Check# Amount     Jun 2 $3,600   231 $1,500     Jun 5 4,210   232 7,510     Jun 11 5,230   233 1,800     Jun 17 4,500   234 3,230     Jun 23 3,350   235 1,100     Jun 27 5,100   236 1,250     Jun 30 5,390   237 6,270           238 1,650           239 820           240 1,430           241 740           242 1,310           243 2,190           244 5,300                                 Continued…

On July 31, 2022, Carla Vista Co. had a cash balance per books of $6,335.00. The statement from Dakota State Bank on that date showed a balance of $7,885.80. A comparison of the bank statement with the Cash account revealed the following facts. 1.   The bank service charge for July was $19.00. 2.   The bank collected $1,715.00 from a customer for Carla Vista Co. through electronic funds transfer. 3.   The July 31 receipts of $1,394.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. 4.   Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $347.00. 5.   Checks outstanding on July 31 totaled $2,046.10. 6.   On July 31, the bank statement showed an NSF charge of $770.00 for a check received by the company from W. Krueger, a customer, on account.…