The Following Information Is Available for Fenton Manufacturing Company at June

question 31

Multiple Choice

The following information is available for Fenton Manufacturing Company at June 30: $\begin{array}{|l|r|}\hline\text { Cash in bank account } & \$ 11,455 \\\hline \text { Inventory of postage stamps } & \$ 74 \\\hline \text { Money market fund balance } & \$ 10,400 \\\hline \text { Petty cash balance } & \$ 350 \\\hline \text { NSF checks from customers returned by bank } & \$ 867 \\\hline \text { Postdated checks received from customers } & \$ 791 \\\hline \text { Money orders } & \$ 290 \\\hline \text { A nine-month certificate of deposit maturing on December 31 of } & \$ 6,000 \\\text { current year }\\\hline\end{array}$ Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:

• A)$12,095
• B)$22,495
• C)$28,495
• D)$23,286
• E)$29,286

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