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Chap 1

This document summarizes a company's cash and cash equivalents as of December 31, 2019. It lists various cash accounts including cash on hand, bank accounts, collections and outstanding checks. The total cash and cash equivalents is calculated as $11,475,000, which includes $9,475,000 in cash and cash equivalents and a $2,000,000 time deposit.

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Ja Red
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55 views9 pages

Chap 1

This document summarizes a company's cash and cash equivalents as of December 31, 2019. It lists various cash accounts including cash on hand, bank accounts, collections and outstanding checks. The total cash and cash equivalents is calculated as $11,475,000, which includes $9,475,000 in cash and cash equivalents and a $2,000,000 time deposit.

Uploaded by

Ja Red
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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checkbook bal 4,000,000 CIB

postdated check - 200,000 3,800,000 checkbook


undeposited col 400,000 undelivered check
undelivered check 400,000 undeposited col
pcf 50,000
4,650,000
checkbook 3,800,000
undelivered check 400,000
undeposited col 400,000
4,600,000
December 31, 2019
Caash in bank 3,000,000 Current asset:
Staled check - 200,000 Money market placement due on June 30, 20
Unreleased check 250,000
Postdated check 100,000 Receivable:
January 2020 collections - 450,000 Saving deposit in closed bank
Adjusted cash in bank 2,700,000
Petty cash fund 20,000 Long-term financial asset:
total cash 2,720,000 Sinking fund for bond payable due June 30, 2
time deposit-30 days 1,000,000
Cash and cash equivalents 3,720,000
ment due on June 30, 2020

d payable due June 30, 2021


Cash on Hand 1000000
Security bank-current account 2000000
PNB-current account 1500000
Customer Postdated check -150000
Unreplenished PC vouchers -10000
Employee check -5000
Petty cash fund 50000
Bond sinking fund 2500000
Cash and Cash Equivalents 6885000
AR 100000 Cash
COH 100000 Cash on Hand
NSF check
AR 150000 Customer postdated check
COH 150000 Petty cash fund
Advances to employees
Advances to emps 10000 Cash shortage
PCF 10000 Undelivered check
Company postdated check
Cash short or over 5000 Cash in Bank
PCF 5000 Savings Deposit
Tota Cash
CIB 200000
AP 200000

CIB 300000
AP 300000
1000000
-100000
-150000
50000
-10000
-5000
200000
300000
4000000
2000000
7285000
NSF Check Cash on Hand
AR 35000 NSF Check
COH 35000 Postdated check
Adjusted cash on hand
Postdated check Petty Cash Fund
AR 15000 Advances to officers
COH 15000 Unreplenished
Cash shortage
IOUs Adjusted PCF
Advances to officers 2000 Philippine Bank-current
PCF 2000 Undelivered check
Postdated check
Unreplenished City bank c account no.1
Expenses 12000 City bank no.2 overdraft
PCF 12000 Adjusted city bank no.1
Asia Bank savings acc
Cash short or over 1000 Total Cash
PCF 1000 Asia bank time deposit
Total cash and cash equi
Undelivered check
CIB 25000
AP 25000

Postdated check
CIB 45000
AP 45000
200000
-35000
-15000
150000
20000
- 2,000
- 12,000
- 1,000
5,000
5,000,000
25,000
45,000 5,070,000
4,000,000

4,000,000
250,000
9,475,000
2,000,000
11,475,000

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