I am still having a hard time studying problem-solving about Cash and Cash Equivalents. How do I solve the following problems and how do I identify which accounts and what amount are to be included and considered as cash and cash equivalents?

PROBLEMS Problem 1-2 (IAA) Problem 1-1 (LAA) Argentina Company reported the following accounts on 1,000,000 On December 31, 2020, Albania Company provided the December 31, 2020: 50,000 following data: 2,000,000 Cash on hand 1,500,000 Cash in bank Petty cash fund Security Bank current account ( 200,000) Time deposit - 30 days 3.000,000 Money market placement due on June 30, 2021 3,000,000 PNB current account 2,000,000 Saving deposit in closed bank 1,000,000 BDO current account (overdraft) 2,000,000 BSP treasury bill - 120 days 2,500,000 Sinking fund for bond payable due June 30, 2022 100,000 BPI time deposit - 90 days Petty cash fund 1,500,000 Bond sinking fund 20,000 The cash on hand included a customer postdated check The cash in bank included customer check of P200,000 of P150,000 and postal money order of P50,000 outstanding for 18 months. * The petty cash fund included unreplenished petty cash *. Check of P250,000 in payment of accounts payable was vouchers for P10,000 and an employee check for P5,000 dated and recorded on December 31, 2020 but mailed to creditors on January 15, 2021. dated January 31, 2021. The BPI time deposit is set aside for acquisition of land *. Check of P100,000 dated January 31, 2021 in payment of to be made in early January 2021. 2020. accounts payable was recorded and mailed December 31, * The bond sinking fund is set aside for payment of bond *. The reporting period is the calendar year. payable due December 31, 2021. The cash receipts journal was held open until January Required: 15, 2021 during which time an amount of P450,000 was collected and recorded on December 31, 2020. 1. Prepare adjusting entries on December 31, 2020. Required: 2. Compute the total amount of cash and cash equivalents. 1. Prepare adjusting entries on December 31, 2020. 3. Explain the presentation of the items excluded from cash and cash equivalents. 2. Compute the total amount of cash and cash equivalents that should be reported on December 31, 2020. 3. Explain the presentation of the items excluded from cash and cash equivalents.Armenia Company reported the following information on December 31, 2020: Problem 1-4 (PHILCPA Adapted) Cash on hand Callous Company reported the following accounts on Petty cash fund December 31, 2020: 200,000 Cash in bank 1,000,000 Cash on hand Saving deposit naqxe Haso v319 20,000 50,000 Petty cash fund 5,000,000 4,000,000 Philippine Bank current account 4,000,000 2,000,000 City Bank current account No. 1 City Bank current account No. 2 (overdraft) 291 (100,000) roidshogan250,000 * Cash on hand included the following: ap. starost 7,050,000 Asia Bank saving account Asia Bank time deposit, 90 days sensqxe aubertells 2,000,000 a. Customer check of P100,000 returned by bank December * Cash on hand included the following items:ul entT .& 26, 2020 due to insufficient fund but subsequently 000.at redeposited and cleared by bank January 5, 2021. Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund but subsequently b. Customer check for P150,000 dated January 15, 2021 redeposited and cleared by the bank on January 10, 2021. received December 22, 2020. 591 of aorfine ismuoi s18q919 Customer check for P15,000 dated January 10, 2021, c. Postal money orders received from customers, P200,000. received December 23, 2020. (90A) a-1 moldor * The petty cash fund consisted of the following items: * The petty cash fund consisted of the following items: orfa bobivoiq vnsamo mings Currency and coins Currency and coins 35 vijay of noitslo ni anoilona 5,090 Employees' IOUs 2,000 IOUs from officers 2,000 10,000 Currency in envelope marked collections for Unreplenished petty cash vouchers 180 YJJ9q B burdaildaJes wine edi 12,000 Christmas party 5,000 Check drawn by Armenia payable to petty cashier 33,000 * Included among the checks drawn by Callous Company against the Philippine Bank current account and 50,000 recorded in December 2020 were the following: 9 8 Check written and dated December 22, 2020 and noushogansiT Check written and dated December 23, 2020 and delivered to payee on January 5, 2021, P200,000. delivered to payee on January 31, 2021, P25,000. Check written December 26, 2020 and dated January 31 insign of inpoints s to1 doordo bouaal 2021 delivered to payee on December 26, 2020, P300,000. Check written December 26, 2020, dated January 30, 2021, delivered to payee on December 28, 2020, P45,000. Required: Required: 1. Prepare adjusting. entries on December 31, 2020. 2. Compute the total cash on December 31, 2020. 1. Compute the total cash and cash equivalents, uf 2. Prepare adjusting entries on December 31, 2020