An entity reported cash and cash equivalents of P12,000,000 in its statement of financial position as of

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An entity reported cash and cash equivalents of P12,000,000 in its statement of financial position as of Dec. 31, 2024. This amount includes the following: Customer's check for P100,000 returned by bank on Dec. 29, 2024 due to insufficient fund but subsequently redeposited and cleared by the bank on Jan. 3, 2025

Posted Date: May 18, 2024 07:15 AM

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An entity reported cash and cash equivalents of P12,000,000 in its statement of financial position as of

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