AC1201 CFAS (CASH AND CASH EQUIVALENTS REY D. AMAYA, CPA, MAIA UNIVERSITY OF SAN CARLOS DEPARTMENT OF ACCOUNTANCY www. reiborn. com IDENTIFY IF IT IS CASH AND CASH EQUIVALENT ON DEC 31, 2021 a TIME DEPOSITS - 30 DAYS CASH AND CASH EQUIVALENTS SAVINGS DEPOSIT IN A CLOSED BANK RECEIVABLE ce SINKING FUND FOR BOND PAYABLE DUE ON JUNE 30 2023 Noncunnenr asser PETTY CASH FUND CASH AND CASH EQUIVALENTS BPI CURRENT ACCOUNT CASH AND CASH EQUIVALENTS. CHINABANK CURRENT ACCOUNT (OVERDRAFT) CURRENT LiABiLity UNRELEASED COMPANY CHECK PAYABLE TO SUPPLIER Casi AND casi EQUIVALENTS STALE CUSTOMER CHECK RECEIVABLE BOND SINKING FUND DUE ON JUNE 30, 2022 casw ano cash equivatents PLANT EXPANSION FUND Noncurrenr Asser POSTAL MONEY ORDER CASH AND CASH EQUIVALENTS PosTDATED CUSTOMER CHECK RECEIVABLE Additional: Postdated company check cash and cash equivalentsIDENTIFY IF IT IS CASH AND CASH EQUIVALENT ON DEC 31, 2021 =a COMPENSATING BALANCE — NOT LEGALLY RESTRICTED CASH AND CASH EQUIVALENTS” INTEREST FUND CASH AND CASH EQUIVALENTS cel PAYROLL FUND CASH AND CASH EQUIVALENTS PREFERENCE SHARE REDEMPTION FUND NoNCURRENT ASSET MONEY MARKET PLACEMENT CASH AND CASH EQUIVALENTS. POSTAGE STAMPS OrFice SUPPLIES TREASURY BILL casi ano cash equivatenrs CHECK PAID BY THE CUSTOMER MARKED BY THE BANK AS NSF RECEIVABLE PETTY CASH VOUCHERS EXPENSES. UNDEPOSITED CASH ON HAND CASH AND CASH EQUIVALENTS x Viecee S (So ery m Cash and Cash Equivalents (Basic) a) Saxe > we onpony ts ne evng get vances on Decent 2621: Cmn beri Baise Comin bo Con sora eae ‘he coshin bone nce boionce against shot tem borowing onds na gatyesicted 50 The casn on hon eed a check of P1O0.c00 Bavobe 10 he ently dated January, 2022 Wha! aroun! should Be roped os Cash Under ‘omen! cist on tne December 31, 20217The folowing items Se eae ‘of AAA Co: Checking account at Security bank - P(>260); Checking account at BP! -#5,335; Checking account at Cityrust used {or payment of salaries -.P5,500: Postage stamps ~ rr mployee's post dated check ~ .U from an employee -P200; A 1arked “DAIF" ~ P}x450; Postal Money Order ~ PS stty cash fund ( P324 in expense’ ~~ P50; Certificate of time deposit with BPI — Ps facmecronamtha tesserae (at market valve) ~ P1300. fre conect ee eS A 7] cs Mae @ Scusty mg toe WV ye “ge @ See ata ee oe gonenalea cay 2 aa ern + esac doled inva 5,202 ncudes n Deceiver 31 checkbockblonce - . Coe yan Ceaaemebemnend neva) oniibe sl ‘chectbook ‘octet bourbon aoa Seagate he kw empaes Soy 2 088 one crea rua 3 See —— mat hs=m ¥ The folowing date para to CCC Corporation on December 31,202 s00000 Curent account ct Aled ork p(aBKooo) 71250000 Feraign bon (n esos) 7 e000 Sorin: copes! na closed wank S75YR0 Postage stores 20 Emoiyee's post detec check 1000 \Ous tom employees 25400 Cacao tomavencerfora S000 revelers check A000 Money ore 75.000 Petty cash tund ee in curency (ne expense eset fr P5000 Porson tne ‘G00 Du cneck of estar Carmen creck coed Ug? 2800 Tne cepest- cer Maney mane pacorent ue 1 oe: ows ots ve 31/22 pvenases S000) onan av Toouryom. ce ysiza——‘ekoo Setes 3 (oe “ouEY coos = 4000; receipts for transportation ~P1;200. On Apri 30, the entity wrote a check fo replenish the fund. whats he amount ofthe replenishment uncer the imprest Tund sysiom? BMY ¥ cleee =