$59,000

$68,000

$64,000

$55,000

A check written to Turnblad for $1,200 from a customer, that has not yet been deposited

A treasury bill for $5,000 that matures in January of Year 2

A note receivable signed by a loyal customer which matures in March of Year 3

A certificate of stock with a market value $100 per share, which is classified as an investment security

Petty cash

Stock investments

Savings account

Bank draft

At December 31, several thousand dollars in checks were still sitting on the controller's desk, signed and waiting to be mailed

ABC received multiple checks and direct deposits from customers during the year, and several of these cash receipts were applied to the wrong customer's account

ABC transferred funds to its payroll impress account on December 29 via a same-day wire. ABC recorded the transfer in the general ledger on the day it was made. The funds were used to issue checks from the payroll account and the majority of these checks were still outstanding at December 31.

ABC paid for merchandise from one of its suppliers via check before the supplier notified ABC that the goods were out of stock. ABC cancelled its order and contacted its bank to void the check.