INTERMEDIATE ACCOUNTING 4 Problem 2-3 (mA? adjusting Satvies a nescurts Receivable 200/000 cach in Bante as cach in Bank aes pecoums fayoble axe e- cach in Bank 10,060 nccoums Payeele 120,200 4. Accourde Roctlvable 19m cash ia Bark 450,20 a. cath ard cash Fqyivdlems cath_in Bonk a tae creck is nielivered Sheek mae Rott dated check ae 202! galechion reeked en 2620 mo Adjusted cach in Bonk ace 7 — 2,100,000 tine pers = go anys —— Petty Gach fed a CAN ABD cach revAceNT as a Money Horket” pheement due on vine 30, 409) Lt Seernterm puerimente iat ie eseded ow cach and cock equivahinke keote i eOWihy prGh if Meyda woke oF 9° dae ae+ in olor k ‘eing _mpotl Jered ton TA will eal ay He nomourrent arects. Guen that ih is ceparited tn olowed bank, fh je wt ily eonwertible yo cath, sinking Fond for bart poysble Sie or June 40 2022 ce fe 9 lor cterm investment 4 js qunsidered ae nomcurrent ascet given that in ie cet athe For nancurvert abil. Prvlen 4-4 CrnbePa Act L Total ach art cash fawivalente cosh on pend 10:90 pape Bk eyrort freon 000,000, neuen furd GusF) check (95,0) nivered check 53000 eer eee Gs.ap) restored check “5/800 Aijcatee oan ta 15,0 usted Plipsne nh open dant SOTO, 0 Ray Cash Fund orrmned aid cing sie es 10409 5000 Willpping Bark Once eccsunh ‘5,870,000 — 21 BA error ceecund soy 9)000/0 ; tty Bat carer scone a2 faerdf) (100,00) on Seer ao anye ep Avo Aen BOLI eur2. Adjusting Entriae a. fecounts Receivle, 35,00 coh on tnd 51000 b. hecourts peceivable 15,c00 cash en tact i 15700 c: Diter eexivableg 21000 Fayence 12600 cach thertoge Je petty (ah Ford 15200 2.cash ig_BAOK = Philippi: Baik amet kennt 35,000 Aecountt poccivab le 25/00 2 sGch it Banke “Mlippie Sook cwrent Acourt $5 Heeonbts Paspble 45,000