11)The following data pertain to GHI Corporation on December 31, 2021: Traveler's check P50,000 Money order 20,000 Bank draft 10,000 Petty cash fund 4,000 Savings deposit in a closed bank 150,000 Current account at Bank of the Philippine Island 1,800,000 Current account at UCPB (100,000) Payroll account 500,000 Foreign bank account (in equivalent pesos) 800,000 Postage stamps 1,000 Employee's post-dated check 4,000 IOU from employees 10,000 Credit memo from a vendor for a purchase return 20,000 Pension fund 2,000,000 DAIF check of customer 15,000 Customer's check dated 1/10/22 80,000 Certificate of deposit - 30 days 200,000 Commercial paper (due in 9 months) 500,000 Treasury bills, due 3/31/22 (purchased 12/31/21) 200,000 Treasury bills, due 1/31/22 (purchased 2/1/21) 300,000 The cash and cash equivalents as of December 31, 2021 is:
11)The following data pertain to GHI Corporation on December 31, 2021:
Traveler's check P50,000
Money order 20,000
Bank draft 10,000
Petty cash fund 4,000
Savings deposit in a closed bank 150,000
Current account at Bank of the Philippine Island 1,800,000
Current account at UCPB (100,000)
Payroll account 500,000
Foreign bank account (in equivalent pesos) 800,000
Postage stamps 1,000
Employee's post-dated check 4,000
IOU from employees 10,000
Credit memo from a vendor for a purchase return 20,000
Pension fund 2,000,000
DAIF check of customer 15,000
Customer's check dated 1/10/22 80,000
Certificate of deposit - 30 days 200,000
Commercial paper (due in 9 months) 500,000
Treasury bills, due 3/31/22 (purchased 12/31/21) 200,000
Treasury bills, due 1/31/22 (purchased 2/1/21) 300,000
- The cash and cash equivalents as of December 31, 2021 is:
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