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Kale Co. Financial Summary 2015 by Muhammad Shahid is a document available to read on EtoBox.

At December 31, 2015, Kale Co. had various balances in bank accounts at First State Bank including $175,000 in checking account #001, -$10,000 in checking account #201, and $25,000 in a money market account. It also had $50,000 in a 90-day CD due February 28, 2016 and $80,000 in a 180-day CD due March 15, 2016. For its balance sheet, Kale should report $240,000 as cash and cash equivalents, consisting of balances considered cash equivalents with original maturities of 3 months or less.

Author

Muhammad Shahid

Language

EN