Audit of Cash & Cash Equivalent

Problem 1 Problem 2
Cash on hand 40,800 Monte bank, Savings and Checking account
Reconciled balance in BB checking account 374,000 Undeposited customer's checks
Balance in CC savings account 342,400 Currency and coins on hand
Total cash - December 31, 2014 757,200 Naik Bank, Checking account
Total cash and cash equivalent

Problem 3 Problem 4
Manila Bank (Savings and Checking account) 2,100,000 Metropolitan Bank - Savings Account
Money market 7,500,000 Metropolitan Bank - Current Account
Currency and coins on hand 11,500 Undeposited customer checks (22,200 - 3,000)
Travel and advances 270,000 Currency and coins on hand
Petty cash fund 1,500 Petty cash
Check from customer 187,500 Two-month treasury bills
Cash balance 50,000 Time deposit
Total cash and cash equivalents - Dec. 31, 2014 10,120,500 Total cash and cash equivalents

Problem 5
Current account - Prudent Bank 135,000
Treasury bills 300,000
Payroll account 390,000
Traveler's check 21,000
Money order 12,900
Petty cash fund 3,000
Total cash and cash equivalent 861,900

Problem 6
Current account 900,000
Undeposited collection 350,000
Petty cash fund 10,000
Bank of Manila (410k - 300k) 110,000
Supplier's check for goods returned by the company 60,000
Cash balance 1,430,000
and Checking account 1,424,000
208,000
23,200
800,000
2,455,200

Savings Account 132,600

Current Account 81,000
er checks (22,200 - 3,000) 19,200
3,480
1,200
90,000
100,000
427,480