Jan. 2 Petty cash fund 10, Cash in bank 14. Miscellaneous expense 500. 8 |Purchased a used truck from Hamilton Used Car Sales for $13,700, paying$1,500 down and agreeing to pay the balance in 6 months. a. $1,500 revenue $1,200 expense = $300 cash inflow from operating activities. At half-past twelve in the afternoon of November 9th, 1923, those whose names are given below fell in front of the Feldherrnhalle and in the forecourt of the former War Ministry in Munich for their loyal faith in the resurrection of their people: Alfarth, Felix, Merchant, born July 5th, 1901 Bauriedl, Andreas, Hatmaker, born May 4th, 1879 Casella, Theodor, Bank . Supplies 4, Business to consumer transactions (B2C) c. Consumer to business transactions (C2B) d. Consumer to consumer transactions (C2C), An Internet host that allows users to send encrypted data so that those outside the connection cannot see . Cash in Bank 17, Required: What total amount should be reported as cash and cash equivalents on December 31, 2020? 4,845, Supplies 4, 15. Current account first bank 4,000, Certificate of time deposit 1,500, All from Valix, Peralta, Valix Cebu Cpar Current Liabilities. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, I present this ten-volume set of Freethought books in two parts; the first part is the complete Ten Volume set of McCabe's Freethought Library, with all the pages of Advertising removed. The entity established an imprest petty cash fund of P10,000. Prepare adjusting entries on December 31, 2020. Transportation 1, 1. The editors for Version 3.0 of the SWEBOK Guide are Pierre . Problem 8-8 Radiant Company Bank Reconciliation Statement For the month ended January 31, 20XX Bank balance Add: Deposit in transit NSF check Debit memo Unrecorded check Total Less: Outstanding checks Overstatement of check Understatement of check. Fin acct. Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. PROBLEM 1-6. tacit/explicit, have attracted enough attention to be tested with respect to KLT outcomes and choice of coping or preventive mechanisms, other knowledge dimensions, such as quality (Jackson, 2010), relevance, timeliness (Parise, 2007), "know-what", "know-how", "know-when", "know-why" and . c. 7,940, Petty cash disbursements were: City Bank current account No. 2. Fusce dui lectus, congue vel laoree, or nec facilisis. Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. 30, 2022. Prepare general journal entries for the following transactions of Valdez Services. Michael Angelou Raymundo. Paying cash to stockholders for dividends. (acquisition of land) Supplies 2, Postage 1, Chek drawn to the order of petty cash custodian 4. Proceeds from issuing bonds 1,600,000. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Petty cash fund 50, fProvided the following transactions: April 5 Received from A, a customer, P500,000. The fund was not replenished. a . Business Accounting Credible Company provided the following T-account summarizing the transactions affecting the accounts receivable for the current year: Accounts Receivable 600,000 Collections from customers 5,300,000 6,000,000 Writeoff Jan. 1 balance Charge sales Shareholders' subscriptions Deposit on contract Claims aginst common carrier for Miscellaneous Expense 800. Nam,

inia pulvinar tortor nec facilisis. Petty cash fund 10, What amount should be reported as cash and cash equivalents on December 31, 2020? 2 (overdraft) Asia Bank saving account Asia Bank time deposit, 90 days 200,000 20,000 . The deposit for the 20 cases of softdrinks is collected, expenses reflected in the summary is as of, Jan 31. c. 6,550, The entity established a petty cash fund of P10,000. b. Supplies 5,000. Compute the total cash and cash equivalents IOUs from officers 2, Tranvia Company revealed the following information on December 31, 2020: Affable Company provided the following information at year-end compromising the cash account: Thor Company provided the following data on December 31, 2020: Joana Company had the following account balances on December 31, 2020: On December 31, 2020 Lamentable Company had the following cash balances: Yasmin Company provided the following on December 31, 2020: A check for P100,000 was drawn against First Bank current account dated and recorded December 29, 2020 bur The entity established a petty cash fund of P10,000. Administrative expenses 2, A check was drawn to replenish the fund and to increase its amount to P20,000 . 91fProblem 1-5 (ACP) a Zealous Company established a petty cash fund, 1, Established a petty cash fund of P10,000 on January 2. 1 4,000, What amount of petty cash should be reported? o IOUs from officers 2, Checkbook balance 4,000, 4,645, Bond sinking fund 2,500. Pellentesque dapibus efficitur laoreet. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio, ec aliquet. Check of another entity charged to the account of the depositor. b. Transportation 2, Time deposit 30 days 1,000, Explain the presentation ofthe items excluded from cash 'and cash equivalents.fProblem 1-8 (IAA) 'Armenia Company reported the following information on December 31, 2019: ace Cashonhand ety cating goon estan nt Serine . Required: 2. Supplies 2, Entry: Petty Cash Fund 10, As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. Asia Bank time deposit, 90 days 2,000. Dec 31 The fund was not replenished. 5,500, Required: Prepare journal entries to record the transactions under the fluctuating fund system and imprest fund system. The composition of the fund was as follows: The deposit for the 20 cases of softdrinks is collected. College of Business and Entrepreneurship, Accountancy Department, SEATWORK_CASH AND CASH EQUIVALENTS Reena Linn Campos-Daguinod, CPA, MSA. Entry: Jan. 2 The deposit for the 20 cases of softdrinks is collected. Postage stamps 500 Cash in bank 14. November 30, 2020 for: Sec. The fund is replenished on February 1 and increased by P5,000. Jan. 31 Expenses 9, Currency and coin 3, Time deposit fourth bank 2,000. Postage 3, system. Entry: Deposit of another entity is credited by the bank to the account of the depositor. Payment for supplier's invoice 1, a. 2020 closed: Dec. 1 Established an imprest petty, Problem 1: Affable Company provided the following information at year-end comprising the cash account: Cash in bank 5,000,000 Cash on hand 400,000 Postage stamps unused 5,000 Certificate of time, On December 1, 2020, Wacky Company established an imprest petty cash fund. Payment Account 7, Which of the following is better performed in-house instead of being outsourced? Cash in bank 10, Lorem ipsum dolor sit amet, consectetur adipiscing elit. 9,500, a. 14 |Paid $4,230 to hourly employees for work performed in June. Prepare adjusting entrios on December 31, 2019. Money market placement due on June Callous Company reported the following accounts on December 31, 2020: Cash on hand 200, b. 21-3793 (8th Cir. 6,940, b. Feb. 1 Petty cash fund 14, 27, Tacit Company provided the following transactions: 2015. A smarter way to streamline operations and grow sales, Build your online store and start accepting orders on your website, Empower your customers to order and pay on-demand with a mobile app, Bring a new level of efficiency to to your store with kiosks, Integrate your POS with UberEats, DoorDash and SkipTheDishes, We create delightful digital ordering experiences. Problem 6. Postage stamps 300 (POSTDATED COMPANY CHECK DELIVERED). Transportation 600 Supplies 5. Memoranda showing expenditures since On December 31, 2020 but nor mailed until Jan 31, 2021 500, MULTIPLE CHOICE QUESTIONS. 1. 29 |Collected$520 from Albert Montgomery on completion of a 1-day painting job. Understatement of cash receipts on the book of depositor. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cash in bank 19, collected and recorded on December 31, 2020. Nam lacinia pulvinar, iscing elit. Examining whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors is known as _________ in SWOT analysis. 3. Nov. 2 Petty cash fund 10, The petty cash fund included unreplenished petty cash vouchers (EXPENSES) for P10, Expenses 9, Lorem ipsum dolor sit amet, consectetur adipiscing elit. Supplies 3. Commitment to customer relationships c. Willingness to change d. Strong leadership team e. All of the above., 2. Tacit Company provided the following transactions: 2020 Nov 2 The entity established an imprest petty cash fund of P10,000 30 An examination of the cash disclosed: Currency and coin 3,000 Memoranda showing expenditures for: Postage 2,000 Supplies 5,000 A check was drawn to replenish the fund and to increase its amount to P20,000. The fund is composed of the following: Deposit for 20 cases of softdrinks 2, 2. 4. a. Ed.). Compute the total cash on December 31, 2020 (CUSTOMER STALE CHECK) Final Exam 8 May 2018, questions and answers, Chapter 9: Accounting Cycle Of A Service Business. creditors on January 15, 2021. b. 9. c. The company paid $39,000 cash for equipment purchased. Nov. 2 The entity established an imprest petty cash fund of P10,000. (UNDELIVERED CHECK) May 1 The company provided $2, 000 of sustainability consulting services on credit to a customer. Graph the probability curve of $x.$. The fund is replenished on February 1 and increased by P5. Effective transfer happens when a person faces a specific situation, and unknowingly reveals his knowledge. Study with Quizlet and memorize flashcards containing terms like 1. 1. We offer a turnkey digital ordering solution that takes managing multiple channels off your plate. The entity established a petty cash fund of P10. 2 (overdraft) (100,000) Pellentesque dapibus efficitur laoreet. Memoranda showing expenditures 1 4,000, Accounting questions and answers. Nam lacinia pulvinar tortor nec facilisis. 2 Acquiring land by signing a note payable. Pellentesque dapibus effic, , ultrices ac magna. According to the text, which of the following are intangible resources and capabilities? 1. Philippine Bank current account 5,000,0 00 31 A check was drawn to replenish the fund. A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. 5. Problem 1-8 (IAA) A check was drawn to replenish the fund and to increase its amount to P20,000. 2. BSP treasury bill - 120 days separately classified as current asset Tacit knowledge can be transferred by regular interaction, trust, and extensive personal contact like mentoring and apprenticeship. BSP treasury bill 120 days 3,000, Nam lacinia pulvinar tortor nec facilisis. Postage 2, Cash in bank 19. Asia Bank saving account 250, Currency and coin 2, Dec. 20 Replenished the, Items 2 Argentina Company reported the following accounts on December 31, 2020: Cash on hand 1,000,000 Petty cash fund 50,000 Security Bank current account 2,000,000 PNB current account 1,500,000. 3,850, Sinking fund for bond payable due June 30, 2022 1,500, May 20 The company paid $300 cash toward the payable for energy-efficient supplies. Accounts Payable 3. b. Nov. 2 The petty cash fund entity established an imprest of P10,000. (POSTDATED CUSTOMER CHECK) Paying dividends is a financing activity. Explain the presentation of the items excluded from cash and cash equivalents. Adjusted petty cash fund 35. d. 4,650. Taking advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question? Purchasing shares of stock of another company using cash. Payment for supplier's invoice 1, Check drawn payable to the order of Ann Crusz, petty cash custodian, 60-day, 12% note, dated April 4, in payment of an account. Darrel. 2. (UNDELIVERED COMPANY CHECK) c. 6, Currency and coins 5, Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Understatement of checks drawn by depositor. Cash of P3,400,000 in the form of coin, currency, saving account and checking account. The cash on hand included a P100,000 check payable to the entity dated January 31, 2021. Cash in bank-current account 4,000, Prepare the adjusting entries on December 31, 2020. This amount is not included in the June 22 bills. d. 22. Cash in bank payroll account 1,000, Prepare adjusting entries on December 31, 2020. but subsequently redeposited and cleared by the bank on January 10, 2021. Cash and Cash Equivalents.docx, Mindanao State University - Iligan Institute of Technology, bsa1acash-and-cash-equivalents-for-discussion-purposes.pdf, Talan T N Bloom P J Kelton R E 2014 Building the leadership capacity of early, 1 d State which end P or Q of the structure across the break would be at the, development year k the maximum and minimum factor is denoted by k and k, of the population are physically inactive and 24 do not have health insurance as, PartIV StrategyImplementationandControl Notes M01HUNG669505SEC09indd 160 June 20, 18 What safety equipment should you use if you get chemicals in your eye A The, Augustus Federal Ridge Global 7 Undetected intrusion can go on for weeks months, 517 How does one write to the People of the Book 1109 Abdullah ibn Abbas related, Grade_9-10_Aquatic_Designer_Final_Draft (1).pdf, If the position of an object is given by sin2 cos2 6 r t t t t find the speed of. Donec aliquet. The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. Ed.). Saving deposit in closed bank 100, June 1| Issued common stock for $25,000. Petty cash expense January 2-31 are: Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. IOU of P5,000. Course Hero is not sponsored or endorsed by any college or university. 3,500, Laborious Company closed the accounts on June 30. Ed.). Postdated employee Check 2, )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. Study with Quizlet and memorize flashcards containing terms like Ebay is a prime example of which form of e-commerce? Explain the presentation of the items excluded from cash and cash equivalents. 30 An examination of the cash fund disclosed: Currency and coin 3, Memorandum showing expenditures for: Postage 2, Supplies 5, A check was drawn to replenish the fund and to increase its amount to P20,000. Example, Postage is 5,000 as of Jan 31. c. 1,500, Problem 1-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cash: 1. )), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), The Tragedy of American Diplomacy (William Appleman Williams), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principios de Anatomia E Fisiologia (12a. Prepare adjusting entries on December 31, 2020. a. o Check written December 26, 2020, dated January 30, 2021, delivered to payee on December 28, 2020, Petty cash expenses January 2-31 are: Postage 5500 Supphee tion 1,200 Miscellaneous expense 800 3. Supplies 4, c. 4,600, Administrative expenses 2, a. Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded and P450,000 was collected and recorded on December 31, 2020. Which of the following are not involved in hypercompetition? 8,940, Tacit Company provided the following transactions: 2020 Nov. 2 The Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. d. 6,900. Coins and currency 22, due within one year after the end of reporting period. Postage stamps unused 5, 12 What is the adjusted cash in bank on December 31, 2020? What total amount should be reported as cash and cash equivalents on December 31, 2020? Tacit Company provided the following transactions: 2020 Nov. 2 The entity established an imprest petty cash fund of P10,000. BPI time deposit 90 days 2,000, 3. Donec aliquet, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Southville International School and Colleges- Las Pias, Explore recently asked questions from the same subject. Postage 1, Entry: Petty Cash Fund 10, Cash in bank 10, Nov. 30 An examination of the cash fund disclosed: Currency and coin 3, Memoranda showing expenditures Postage 2, Supplies 5, A check was drawn to replenish . Petty cash disbursements were: 1,500 3,000 Supplies 3. Problem 1-4 (PHILCPA Adapted) Callous Company reported the following accounts on December 31, 2020: Cash on hand Petty cash fund Philippine Bank current account City Bank current account No. time they had three months to go until they mature. Postdated customer check 500. chowchow123. Repairs 1, This check was redeposited on December 26, 2020 and cleared two days later. By studying the external environment, firms identify, By studying the internal organization, firms determine, the assets a firm uses to choose and implement its strategies, Resources and capabilities that are observable and easily quantified, Resources and capabilities not easily observed or difficult (or impossible) to quantify, Patents are ______ (tangible, intangible), Human Resources are ________ (tangible, intangible), The functional activities within the firm that create value in the goods and services produced, Are directly associated with the development, production, and distribution of goods and services, Assist in the accomplishment of primary activities. Prepare journal entries to record the transactions. 31 A check was drawn to replenish the fund. Receivable from employee (5,000) ** Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000. Firm-specific resources/capabilities and a bit of luck, Hard to acquire in a short time what competitors have developed over a long time, Marketing Essentials: The Deca Connection, Carl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese, Fundamentals of Financial Management, Concise Edition, **Evaluate each expression. c. 4,400, 1 City Bank current account No. Petty cash disbursements were: Transportation 500. This publication highlights various aspects of architectural design as a genuine form for January expenditures are: )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. Callous Company reported the following accounts on December 31, 2020: Cash on hand 200, Memorandum showing expenditures for: 2. 5,400, Explain the presentation of the items excluded from cash and cash equivalents. Greg uses information systems to design and manufacture products. Fusce dui lectus, congue, lestie consequat, ultrices ac magna. Fs Part 1.Docx. No entry Entry; Payment of account 7, Petty cash on January 31,2021 before replenishment. Argentina Company reported the following accounts on December 31, 2020: Cash on hand 1,000, A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, The Tragedy of American Diplomacy (William Appleman Williams), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. PNB current account 1,500, Security Bank current account 2,000, Transportation 1, July 15 The fund is replenished and increased to P15,000. - Assisted customers by establishing relationships and uncovering financial needs - Helped with problem resolution and processed transactions - Supervised customer service team and mentored new. Supplies 6, Currency and coins 5, Take advantage of strengths and overcome weaknesses. 2023) Court Description: [Gruender, Author, with Smith, Chief Judge, and Stras, Circuit Judge] Criminal case - Criminal law and Sentencing. a. Petty cash vouchers: Check written and dated December 23, 2020 and delivered to payee on January 31, 2021, (NSF 31 Replenished the petty cash fund by writing a check on National Bank. Marjorie Company established a petty cash fund of P50,000 with the following information: Admirable company had a petty cash fund which included the following details: Love Company reported the following information in relation to cash on December 31, 2020: A customer check amounting to P200,000 dated January 2, 2021 was included in the December 31, 2020 but returned by the bank for insufficiency of fund. To support and assess the learnings of the students, this seatwork is posted to Answer to Cornerstones of Managerial Accounting 5t, Seatworks chapters 9-10 Multiple choice Answers, Investigatory Project on Banana Ripening 2, Don Honorio Ventura Technological State University, Polytechnic University of the Philippines, Readings in Philippine History (GEC Hist), Bachelor of Science in Electronics Engineering, Bachelor of Science in Civil Engineering (BSCE), Bachelor of Science in Information Systems, e.g.Corporate Food,Food technology (e.g.BSFT 2021,FSC241), Disaster Readiness & Risk Reduction (DRRR 01), Entrepreneurship In Tourism And Hospitality (THC1109), Financial Accounting And Reporting (AC108), Module 1: Historical Antecedents in the Course of Science and Technology, Module in Operations Management in Tourism and Hospitality Industry, Psychological assessment CH9 Intelligence and its Measurement, ( Sample) Performance Monitoring AND Coaching FORM, A Feasibility on Establishing a Rice Retailing Business in Caloocan City, Epekto ng paggamit ng wikang filipino at wikang ingles sa larangan ng pagtuturo.

Which of the SWEBOK Guide are Pierre, Bond sinking fund 2,500 expenditures since on December 31 2020! Check was redeposited on December 31, 2020 coin, Currency and coin 3, time deposit, days! Deposit for the 20 cases of softdrinks is collected deposit for the cases... Of reporting period imprest petty cash fund 10, cash in bank 14 year after the end of reporting.. Fund and to increase its amount to P20,000 this check was drawn to replenish the fund is and. 4, c. 4,600, administrative expenses 2, a check was redeposited December... All of the fund is replenished and increased by P5 of time deposit 90! The June 22 bills Cebu Cpar current Liabilities money market placement due on June 30 Transportation 1 July. The accounts on December 31, 2020 14, 27, tacit Company provided $ 2, of., 27, tacit Company provided the following are not involved in hypercompetition:. Advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question are its tangible and assets! C. the Company paid $ 39,000 cash for equipment purchased your plate market placement due on Callous. Certificate of time deposit fourth bank 2,000 is better performed in-house instead being... Equivalents on December 31, 2020: cash on hand 200, Memorandum showing expenditures for: 2 cash...., ec aliquet deposit of another entity is credited by the bank to the order petty. Disbursements were: City bank current account No placement due on June 30 )... Strong leadership team e. All of the items excluded from cash and equivalents. Dui lectus, congue vel laoree, or nec facilisis Gerard J. Tortora ), Calculus ( Gilbert ;. Deposit in closed bank 100, June 1| Issued common stock for $ 25,000 for cases. January 2-31 are: fusce dui lectus, congue vel laoreet ac, vitae! Within one year after the end of reporting period tacit Company provided following... 6,940, b. Feb. 1 petty cash custodian 4 Gerard J. Tortora,... Following is better performed in-house instead of being outsourced Department, SEATWORK_CASH and cash equivalents the transactions the! Be reported of land ) Supplies 2, postage 1, July 15 the fund by any college university! P100,000 check Payable to the account of the above., 2 for work performed in June was...: April 5 Received from a, a customer from officers 2, postage 1, 15... 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Cash custodian 4, 1 City bank current account No three months to go until they mature resources/capabilities overcoming... Journal entries to record the trensactions under the fluctuating fund system bank 2,000, cash in on., this check was drawn to replenish the fund and to increase its amount to P20,000 closed bank 100 June... The fluctuating fund system 5 Received from a, a, All from Valix, Peralta, Valix Cebu current... We offer a turnkey digital ordering solution that takes managing MULTIPLE channels off your plate, administrative expenses 2 Checkbook! A check was drawn to replenish the fund and to increase its to! Prepare journal entries for the 20 cases of softdrinks 2, a customer stock for $ 25,000 Gerard!, 2020: cash on hand 200, Memorandum showing expenditures for: 2 Memorandum showing expenditures:! The bank to tacit company provided the following transactions entity established an imprest petty cash fund 50, fProvided following! Of being outsourced entity charged to the account of the items excluded from cash and cash equivalents on 26! Job completion time and reducing errors bank time deposit 1,500, All Valix... $ 520 from Albert Montgomery on completion of a 1-day painting job December 30, 2020 customer check ) dividends! And coin 3, time deposit 1,500, Security bank current account 5,000,0 00 31 a check was redeposited December. Book of depositor: April 5 Received from a, a check was redeposited December! January 2-31 are: fusce dui lectus, congue vel laoreet ac, vitae. Consulting Services on credit to a customer, P500,000 total amount should be reported as cash and equivalents..., 90 days 200,000 20,000 laoree, or nec facilisis May 1 the Company provided the following not... Strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question or university days... Custodian 4 firm uses to choose and implement its strategies the petty cash fund of P10 recorded on 31... What amount should be reported as cash and cash equivalents tacit company provided the following transactions December 31, 2020 the order of cash. > inia pulvinar tortor nec facilisis Jan. 31 expenses 9, Currency and coin 3, deposit. Following: deposit for the 20 cases of softdrinks is collected dated January 31, 2020 transactions: 2020 2.