cash items non-cash

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Cash Stock Certificates
includes money acceptable by the bank for deposit neither cash nor a negotiable instrument.
and immediate credit *These are just proofs that you own a stock of the
company, dito naka-state kung ilang stocks ang
Current/Checking Account hawak mo at kung magkakano. Kasi ang “stocks”
bank account used by the company for collections/ hindi yan barya barya o ginto ginto na ipinamimigay
disbursements. Parang savings account pag bumili ka sa isang korporasyon. Ang stocks ay
intangible (o, hindi intangible asset ah ginamit ko
Checks (Unrestricted) lang yung word na “intangible” as a description, wag
Undeposited Cash Collections (Unrestricted) malito) kasi hindi ito nakikita o nahahawakan.
Special Funds (Current)
Investments (Current) Checks (Restricted, bounced)
Compensating Balance (Unrestricted) Unencashed check
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Special Funds (Non-Current)

Long term Investments (Non-Current)
SPECIAL( FUNDS Compensating Balance (Restricted)
CURRENT ASSET BALANCE SHEET)

SPECIAL FUNDS
cash used for current operations

Change Fund NON-CURRENT ASSET LONG TERM INV.)

barya-baryang panukli
Petty Cash Fund
gamit sa maliliit na gastusin. Kaya nga “petty”.
Payroll Fund
typically consists of an imprest account that is
replenished prior to each pay period, and contains
sufficient cash to pay salaries and wages due
employees.
Dividend Fund
established when the company’s board of directors
declares the payment of dividends to shareholders,
the money placed in the account is then used to pay
the dividends owed.
(
Sinking fund/Bond Sinking Fund
comprised of cash and investment securities that have
been accumulated for the stated purpose of repaying
a specific loan (Intermediate Accounting, Stice , Stice &
Skousen). So, in short, appropriated sya for long term
purposes.
Plant expansion Fund
fund used to pay for the eventual purchase, expansion,
or construction of a manufacturing plant or facility.
Contingency Fund
established by companies to pay for unanticipated
expenses, emergencies and other financial crises.

Interest Fund Stock Redemption Fund

includes cash placed into an account that will be used used to repurchase or retire capital stock from
to pay the interest due on the company’s long-term shareholders; these redemptions typically involve
debt. preferred stock.
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CHEQUES
Cashier’s Check (CASH EQUIVALENTS)
check is drawn against the bank’s funds, not the
money in your checking account. You purchase the
cashier’s check using funds from your checking or
savings account and the bank transfers the money to
its own account.
*considered a cash equivalent because it does not
depend on whether funds are available in the issuing
person’s bank account.
Manager’s Check (CASH EQUIVALENTS)
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the money is withdrawn directly from your personal
checking account, and your name and account
number appear on the check
*CC and MC are “guaranteed” by banks. Unlike regular
check (customer’s check) na maaring maaring
tumalbog.
Bank Drafts
Similar to a certified check but the bank will set aside
the funds until the bank draft is used. Generally used in
transactions involving larger sums.
Unrealeased Checks
ito yung mga dapat ipangbabayad sa mga creditor
pero hindi pa na-rerelease so hawak mo pa yung
cheke. Kung hawak mo pa yung cheke, e di cash
mo pa yun. Sa Law, may mga rules and regulations
regarding payment/endorsement of check. Isa sa
mga proof na bayad na ang debtor ay pag nasa
creditor na ang check.
Traveler’s Check
functions like cash. The consumer purchases them
from an issuing bank. The travelers check is accepted
at the same rate of exchange as cash, and any change
due is returned to the consumer in local currency.
*It is safer than carrying cash because identification
and signature verification are required to cash a
travelers check. Unlike cash, if a travelers check is lost
or stolen, the issuing company will replace it.
non-cash
CHEQUES
Post-dated check
since “post”-dated sya, ibig sabihin, dated sya on a
future date. Ang cheke, non-negotiable o hindi mo
pedeng ipapalit sa banko when the date written on
the face of the check ay hindi pa ngayon (or future
dated). Ibalik sa Accounts Payable(payor) or Accounts
Receivable(payee) kung nag-entry na.
NSF Check
tumalbog na cheke.
IOU
I owe you checks
Stale Check
checks not encashed within 6 months from the time of
issuance. Hindi ito cash kasi usually ang gagawin ng
kumpanyang nag-issue nito ay mag-iissue ng “stop
payment order” sa bank. So, babalik sa cash yan ng
issuing company. Hindi na ito cash on the part of the
payee. Magiging receivable ulit yung amount na yun
kasi nga na-stale, “napanis” yung cheke.
*Receivable on the part of the payee instead of cash
Payable or Miscellaneous Income on the part of the
payer
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Crossed Check
checks with two diagonal parallel lines at top left-hand
corner stating that the check can only be deposited directly
into a bank account and cannot be immediately cashed
by a bank or any other credit institution
*Cash naman ito. Iyon nga lang, hindi sya pedeng ipapalit
sa cash, pede lang sya ideposito sa bank. Eh papanong
naconsider na cash to kung hindi pede ipapalit agad na
cash? Eh pede mo namang ideposito ito tapos iwithdraw
mo diba? Kaya cash to.
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INVESTMENTS INVESTMENTS
Treasury bills: Treasury bills:
CURRENT (CASH EQUIVALENTS) NON-CURRENT (SHORT TERM/TERMPORARY INVESTMENT)
If maturity from date of purchase is within 3 months if maturity from date of purchase is more than 3
months
Time Deposit/Money Market Instruments
CURRENT (CASH EQUIVALENTS) Time Deposit/Money Market Instruments
If 3 months or less NON-CURRENT (SHORT TERM/TERMPORARY INVESTMENT)
if more than 3 months

SHORT TERM/TEMPORARY INVESTMENTS LONG TERM INVESTMENTS

more than 3 months but less than 1 year more than 1 year. However, if such become due within
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1 year from the end of the reporting period, they are

reclassified as current assets

Compensating Balance Compensating Balance

ito yung minimum amount na dapat mo ideposito non current asset if the related loan term is long term
sa bank. Pag bumaba ka sa compensating balance,
magkakaroon ka ng bank charges as long as NOT
RESTRICTED, cash parin sya.
Restricted Deposits in Foreign Banks
Deposits in Foreign Banks Restricted kasi sya, hindi readily available.
dapat unrestricted sya para considered as cash. It
should be measured at its spot rate or the exchange
rate at the balance sheet date.
Cash Appropriated for long term purposes
Cash Appropriated for short term purposes ulit, “like father, like son”. Kung para saan ang purpose,
kahit na appropriated na sya, pero kung ang purpose sya rin ang classification.
ay for short term lang naman, classified as cash parin
sya. Tandaan nyo lang sa appropriation ang “like
father like son” principle. Kung para saan ang purpose
ng appropriation (whether short or long term) ay siya
rin ang appropriation.