Which of the Following Items Should Not Be Included in the Cash

question 38

Multiple Choice

Which of the following items should not be included in the Cash caption on the balance sheet?

• A) Coins and currency in the cash register
• B) Checks from other parties presently in the cash register
• C) Amounts on deposit in checking account at the bank
• D) Postage stamps on hand

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Definitions:

SUTA Tax

SUTA Tax, or State Unemployment Tax Authority Tax, is a state tax that employers pay to fund their state's unemployment insurance program.