Indicate the balance sheet presentation of the data
Question:
1. Greenstreet Company purchased equipment for $15,000. By the current balance sheet date, the company had depreciated $7,000. Indicate the balance sheet presentation of the data.
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Why are investments in marketable securities shown separately from cash equivalents in the balance sheet?
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By the current balance sheet date, the company had depreciated $7,000. Indicate the balance sheet presentation of the data.
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