How much from the Current account with BDO Bank shall be presented as part of Cash...
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How much from the Current account with BDO Bank shall be presented as part of Cash and cash equivalent? How much from the undeposited checks, money orders and bank drafts shall be presented as part of Cash and cash equivalents? How much is the adjusted petty cash fund? How much from the total cash funds (including the adjusted petty cash fund) shall be presented as part of Cash and cash equivalent in the Statement of Financial Position? How much from the debt and equity securities shall be presented as part of cash and cash equivalents? What is the total cash and cash equivalent to be reported by the company in its December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of current assets in the December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of non-current asset in the December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of current liabilities in the December 31, 2018 Statement of Financial Position? A count of the Petty Cash Fund in the morning of January 3, 2019, of Manny Co. with an imprest balance of P40,000 showed its composition as follows: Bills and coins: P1,000, 5 pieces 500, 10 pcs. 200, 5 pcs. 100, 10 pcs. 50, 10 pcs 20, 20 pcs 10, 25 pcs 5, 50 pcs Unreplenished paid vouchers 12/29 Transportation 12/30 Office repairs 12/30 Officers' meeting meals 12/30 Due to employees 1/2 Gasoline Unreplenished unpaid vouchers 1/3 Transportation 1/3 Office supplies Checks on hand 12/30 E. Dikong, employee 11/30 M. Dugas, employee, returned by the bank marked NSF 12/27 Manny Co., payable to the custodian Cash receipt voucher for a return of an expense advance Requirements: 1. How much is the total accountability? P500 300 900 1,000 1,000 800 1,500 2,000 1,000 10,000 900 How much from the Current account with BDO Bank shall be presented as part of Cash and cash equivalent? How much from the undeposited checks, money orders and bank drafts shall be presented as part of Cash and cash equivalents? How much is the adjusted petty cash fund? How much from the total cash funds (including the adjusted petty cash fund) shall be presented as part of Cash and cash equivalent in the Statement of Financial Position? How much from the debt and equity securities shall be presented as part of cash and cash equivalents? What is the total cash and cash equivalent to be reported by the company in its December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of current assets in the December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of non-current asset in the December 31, 2018 Statement of Financial Position? How much in aggregate from the listed items shall be presented elsewhere as part of current liabilities in the December 31, 2018 Statement of Financial Position? A count of the Petty Cash Fund in the morning of January 3, 2019, of Manny Co. with an imprest balance of P40,000 showed its composition as follows: Bills and coins: P1,000, 5 pieces 500, 10 pcs. 200, 5 pcs. 100, 10 pcs. 50, 10 pcs 20, 20 pcs 10, 25 pcs 5, 50 pcs Unreplenished paid vouchers 12/29 Transportation 12/30 Office repairs 12/30 Officers' meeting meals 12/30 Due to employees 1/2 Gasoline Unreplenished unpaid vouchers 1/3 Transportation 1/3 Office supplies Checks on hand 12/30 E. Dikong, employee 11/30 M. Dugas, employee, returned by the bank marked NSF 12/27 Manny Co., payable to the custodian Cash receipt voucher for a return of an expense advance Requirements: 1. How much is the total accountability? P500 300 900 1,000 1,000 800 1,500 2,000 1,000 10,000 900
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To determine the total accountability of the Petty Cash Fund we need to add up the bills and coins u... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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