Given the Following Items,what Amount Should Be Reported on the Balance

question 11

Essay

Given the following items,what amount should be reported on the balance sheet as Cash and cash equivalents?

$$\begin{array} {| l | r | } \hline\text { Cashier's check } & \$ 5,000 \\\hline \text { Certificate of deposit (due in 9 months) } & 12,000 \\\hline \text { Checking account } & 5,500 \\\hline \text { Coins and currency on hand } & 1,225 \\\hline \text { IOU from employee } & 565 \\\hline \text { Money market account } & 15,000 \\\hline \text { Postage stamps } & 375 \\\hline \text { Savings account } & 22,000 \\\hline \text { Undeposited customer checks } & 1,750 \\\hline\end{array}$$

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Definitions:

Atypical Medications

Psychiatric drugs that differ from traditional medications in their chemical structure or mechanism of action, often used to treat symptoms of mental disorders.

Extrapyramidal Side Effects

Unwanted movement disorders or symptoms that can occur as a result of certain psychiatric and neurological medications.

First-Generation Antipsychotic

A class of older antipsychotic medications primarily used to treat psychotic disorders, known for their dopaminergic blockade mechanism and side effects like extrapyramidal symptoms.

Dosage

The specific amount of medication prescribed to be taken at one time or over a particular period.