Valiant Inc

question 57

Multiple Choice

Valiant Inc.reported the following amounts: Cash in Bank-chequing account of $18,500, Cash on hand of $500, Postdated cheques received totalling $3,500, and certificates of deposit totalling $124,000.How much should be reported as cash in the balance sheet?

• A)$ 18,500.
• B)$ 19,000.
• C)$ 22,500.
• D)$136,500.

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Definitions:

Attitudes

Mental and emotional entities that inhabit our likes and dislikes, influencing how we react to various objects, people, and situations.

Evolutionary Artifacts

Physical or cultural remnants from the past that have been shaped by evolutionary processes and may still influence modern human behavior or society.

Decision-Making

The act of choosing between two or more courses of action in situations of uncertainty or complexity.

Deliberate Attitudes

Consciously formed evaluations or opinions about people, objects, or concepts, often reflecting one's beliefs and values.