On December 31,20x1, Alberto Co has the following cash balances Cash in Banks Petty Cash Funds (all funds were reimbursed On 12 31 x1) 1,800,000 50,000 Cash in banks include P600,000 of compensating balances against short term borrowing arrangements at December 31, 20x1 The compensating balances a...

The total amount reported as cash should include cash in banks and petty ca ...

On December 31,20x1, Alberto Co. has the following cash balances: Cash in Banks Petty Cash Funds...

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Posted Date: May 11, 2023 08:28 AM

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On December 31,20x1, Alberto Co. has the following cash balances: Cash in Banks Petty Cash Funds...

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