The following were taken from the records of SML Co. as of December 31, 20x1. How...
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The following were taken from the records of SML Co. as of December 31, 20x1. How much of the items listed above will be included in SML's Dec. 31, 20x1 cash? * Checks drawn but not yet issued to payees Customers' checks dated January 15, 20x2 Customers' checks dated Dec. 31, 20x1 SML's check dated Jan. 15, 20x2 already mailed to payee Cash on hand Employees' checks representing unclaimed salaries, held by the treasurer Petty cash fund (fully replenished) P120,000 35,000 40,000 16,000 130,000 14,000 20,000 0 The following were taken from the records of SML Co. as of December 31, 20x1. How much of the items listed above will be included in SML's Dec. 31, 20x1 cash? * Checks drawn but not yet issued to payees Customers' checks dated January 15, 20x2 Customers' checks dated Dec. 31, 20x1 SML's check dated Jan. 15, 20x2 already mailed to payee Cash on hand Employees' checks representing unclaimed salaries, held by the treasurer Petty cash fund (fully replenished) P120,000 35,000 40,000 16,000 130,000 14,000 20,000 0
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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