MODULE 1

Cash

IA V1 MATERIALS DISCUSSION DATE

2022 Prob. Book Module PFAR SECTION
Chap TOPIC No. Edition No. Prob. No. Vol. 1 1 2 3 4 5 6
CASH CONCEPT
1 Cash items received and journal entries 1A 1
1 Checks issued to suppliers of goods and services and journal entries 1A 2
1 Checks issued to suppliers of goods and services and journal entries 1A 3
1 Cash balance computation at reporting date and journal entries 1A 4
1 Cash balance computation at reporting date and journal entries 1A 5
1 Cash balance computation at reporting date and journal entries IA 6
1 Theory - Concepts about check (Matching Type) IA 7
1 Theory - Customer’s PDC (True or False) IA 8
1 Theory - Customer’s NSF Check (True or False IA 9
1 Theory - Undelivered Checks (True or False) IA 10
1 Theory – Understanding different cash funds IA 11

PETTY CAH FUNDS

1 Accounting for Petty Cash Fund – Imprest System IA 12
1 Two Accounting Methods for Petty Cash Fund 1-20 2019 IA 13
1 Petty Cash Fund balance and shortage (overage) computation 1-23 2020 IA 14
1 Petty Cash Fund balance computation IA 15
1 Theory – Petty Cash Fund (True or False) IA 16
1 Computation of cash balance at reporting date IA 17
1 Theory – Cash Fund (True or False) IA 18

CASH EQUIVALENTS
1 Cash Equivalents Computation IA 19
1 Total Cash and Cash Equivalents Computation 1-10 2022 IA 20
1 Total Cash and Cash Equivalents Computation 1-19 2022 IA 21
1 Total cash computation 1-11 2020 IA 22
1 Total Cash and Cash Equivalents Computation 1-13 2020 IA 23
1 Theory – Cash Equivalents IA 24

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 IA V1 MATERIALS DISCUSSION DATE
2022 Prob. Book Module PFAR SECTION
Chap TOPIC No. Edition No. Prob. No. Vol. 1 1 2 3 4 5 6
COMPENSATING BALANCES
1 Legally restricted compensating balances and journal entries 1-14 2020 1A 25
1 Not legally restricted compensating balances and journal entries 1-15 2020 IA 26
1 Theory – Compensating balances 1A 27

BANK OVERDRAFT
1 Bank overdraft with no right of offset 1A 28
1 Bank overdraft with no right of offset 1A 29
1 Theory - Bank overdraft 1A 30

COMPREHENSIVE PROBLEMS – CASH AND CASH EQUIVALENTS

1 Multiple Choice Comprehensive problem 1-22 2022 1A 31
1 Straight Comprehensive problem 1A 32
1 Straight Comprehensive problem 1A 33
1 Straight Comprehensive problem 1A 34
1 Straight Comprehensive problem with journal entries 1A 35
1 Straight Comprehensive problem with journal entries 1A 36
1 Straight Comprehensive problem with journal entries 1A 37

SINGLE-DATE BANK RECONCILIATION

2 Single-date bank reconciliation (Without book and bank errors) 1B 38
2 Single-date bank reconciliation (Without book and bank errors) 2-5 2022 1B 39
2 Single-date bank reconciliation (Without book and bank errors) 1B 40
2 Single-date bank reconciliation (Without book and bank errors) 2-12 2022 1B 41
2 Analysis of Bank and Book Errors 1B 42
2 Analysis of Bank and Book Errors 1B 43
2 Single Date Bank Reconciliation (With unrecorded customer’s check) 2-16 2022 1B 44
2 Single Date Bank Reconciliation (With Bank Credit Error) 2-14 2022 1B 45
2 Single Date Bank Reconciliation (With Bank Debit Error) 2-15 2022 1B 46
2 Single Date Bank Reconciliation (With Book credit Errors) 2-17 2022 1B 47
2 Single Date Bank Reconciliation (With Book Credit Errors) 2-18 2022 1B 48
2 Theory – Single-date Bank Reconciliation (True or False) 1B 49
2 Straight Comprehensive problem with adjusting entries 2-2 2022 1B 50

PROOF OF CASH
3 Proof of cash (Without Book and Bank Errors) 1C 51
3 Proof of cash (Without Book and Bank Errors) 3-6 2022 1C 52
3 Proof of cash (Without Book and Bank Errors) 3-7 2022 1C 53
3 Proof of Cash (With book and bank errors and unusual book credit entries) 3-8 2022 1C 54

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 IA V1 MATERIALS DISCUSSION DATE
2022 Prob. Book Module PFAR SECTION
Chap TOPIC No. Edition No. Prob. No. Vol. 1 1 2 3 4 5 6
3 Proof of Cash (With book and bank errors and NSF Cases) 1C 55

3 Deposit in Transit Computation 1D 56

3 Deposit in Transit Computation 1D 57
3 Deposit in Transit Computation 1D 58
3 Outstanding Check computation 1D 59
3 Outstanding Check computation 1D 60
3 Proof of Cash with various missing information 8-15 Other 1D 61
3 Theory – Proof of Cash (True or False) 1D 62

3
LIST OF PROBLEMS
From Intermediate Accounting 2022 Edition Volume 1
Conrado Valix, Jose F. Peralta, and Christian Aris M. Valix

Requirements Lecture Mat.

Prob. PFAR Journal E. FS Module
Chap No. Vol. 1 Source Topic Type of Assessment Computation Preparation Presentation No. Prob. No.

1 1-1 IAA Cash and cash equivalents Straight Problem YES YES YES
1 1-2 IAA Cash and cash equivalents Straight Problem YES YES
1 1-3 IAA Cash Straight Problem YES YES
1 1-4 PHILCPA Cash and cash equivalents Straight Problem YES YES
1 1-5 ACP Petty cash fund Straight Problem YES
1 1-6 ACP Petty cash fund Straight Problem YES
1 1-7 IAA Petty cash fund Straight Problem YES
1 1-8 IAA Petty cash fund Straight Problem YES
1 1-9 IAA Petty cash fund Straight Problem YES YES
1 1-10 YES AICPA Cash and cash equivalents MCQ Problem YES 1A 20
1 1-11 YES IAA Cash MCQ Problem YES
1 1-12 YES PHILCPA Cash and cash equivalents MCQ Problem YES
1 1-13 YES AICPA Cash MCQ Problem YES
1 1-14 YES AICPA Cash and cash equivalents MCQ Problem YES
1 1-15 YES AICPA Cash MCQ Problem YES
1 1-16 YES IAA Cash and cash equivalents MCQ Problem YES
1 1-17 YES IAA Cash and cash equivalents MCQ Problem YES
1 1-18 YES AICPA Cash MCQ Problem YES
1 1-19 YES IAA Cash and cash equivalents MCQ Problem YES 1A 21
1 1-20 YES AICPA Cash and cash equivalents MCQ Problem YES
1 1-21 YES AICPA Cash and cash equivalents MCQ Problem YES
1 1-22 ACP Cash MCQ Problem YES 1A 31
1 1-23 YES PHILCPA Petty Cash Fund MCQ Problem YES 1A 14
1 1-24 PHILCPA Petty Cash Fund MCQ Problem YES 1A 15
1 1-25 IAA Concepts MCQ Theory
1 1-26 IAA Concepts MCQ Theory
1 1-27 IAA Concepts MCQ Theory

4
LIST OF PROBLEMS
From Intermediate Accounting 2022 Edition Volume 1
Conrado Valix, Jose F. Peralta, and Christian Aris M. Valix

Requirements Lecture Mat.

Prob. PFAR Journal E. FS Module
Chap No. Vol. 1 Source Topic Type of Assessment Computation Preparation Presentation No. Prob. No.

2 2-1 IAA Single-date bank reconciliation Straight problem YES YES

2 2-2 IAA Single-date bank reconciliation Straight problem YES YES 1B 50
2 2-3 IAA Single-date bank reconciliation Straight problem YES YES
2 2-4 YES IAA Single-date bank reconciliation Straight problem YES YES
2 2-5 IAA Single-date bank reconciliation Straight problem YES YES 1B 39
2 2-6 YES IAA Single-date bank reconciliation Straight problem YES YES
2 2-7 YES IAA Single-date bank reconciliation Straight problem YES YES
2 2-8 IAA Single-date bank reconciliation Straight problem YES YES
2 2-9 IAA Single-date bank reconciliation Straight problem YES YES
2 2-10 IAA Single-date bank reconciliation Straight problem YES YES
2 2-11 AICPA Single-date bank reconciliation Straight problem YES YES
2 2-12 YES AICPA Single-date bank reconciliation MCQ problem YES 1B 41
2 2-13 YES IAA Single-date bank reconciliation MCQ problem YES
2 2-14 YES AICPA Single-date bank reconciliation MCQ problem YES 1B 45
2 2-15 YES AICPA Single-date bank reconciliation MCQ problem YES 1B 46
2 2-16 IAA Single-date bank reconciliation MCQ problem YES 1B 44
2 2-17 YES IAA Single-date bank reconciliation MCQ problem YES 1B 47
2 2-18 YES IAA Single-date bank reconciliation MCQ problem YES 1B 48
2 2-19 YES IAA Single-date bank reconciliation MCQ problem YES
2 2-20 YES AICPA Single-date bank reconciliation MCQ problem YES
2 2-21 IAA Concepts MCQ Theory

5
LIST OF PROBLEMS
From Intermediate Accounting 2022 Edition Volume 1
Conrado Valix, Jose F. Peralta, and Christian Aris M. Valix

Requirements Lecture Mat.

Prob. PFAR Journal E. FS Module
Chap No. Vol. 1 Source Topic Type of Assessment Computation Preparation Presentation No. Prob. No.

3 3-1 ACP Single-date bank reconciliation Straight problem YES YES

3 3-2 ACP Single-date bank reconciliation Straight problem YES YES
3 3-3 IAA Single-date bank reconciliation Straight problem YES YES
3 3-4 AICPA Single-date bank reconciliation Straight problem YES YES
3 3-5 ACP Single-date bank reconciliation Straight problem YES YES
3 3-6 ACP Proof of Cash Straight problem YES YES 1C 52
3 3-7 IAA Proof of Cash Straight problem YES 1C 53
3 3-8 IAA Proof of Cash Straight problem YES YES 1C 54
3 3-9 IAA Proof of Cash Straight problem YES YES
3 3-10 YES IAA Deposit in transit MCQ problem YES
3 3-11 YES IAA Outstanding checks MCQ problem YES
3 3-12 YES PHILCPA Single-date bank reconciliation MCQ problem YES
3 3-13 YES AICPA Single-date bank reconciliation MCQ problem YES
3 3-14 YES AICPA Single-date bank reconciliation MCQ problem YES
3 3-15 YES AICPA Single-date bank reconciliation MCQ problem YES