Laib Company has these cash balances cash in bank 12 742 Laib Company has these cash balances: cash.

Laib Company has these cash balances cash in bank 12 742
Laib Company has these cash balances: cash in bank $12,742; payroll bank account $6,000; and plant expansion fund cash $25,000. Explain how each balance should be reported on the balance sheet.

Laib Company has these cash balances cash in bank 12 742

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