Problem 4The following items were included as cash in the books of Roa Company:P (1,200)5,335Checking account at Security BankChecking account at BPIChecking account at City Trust used for paymentof salaries5,500 -107Postage stampsEmployee's postdated checkIOU from an employeeA check marked DAIFPostal money orderPetty cash fund (P324 in expense receipts)Certificate of time deposit with BPIA gold ring surrendered as security by a customerwho lost his wallet (at market value)2,3002001,2505005005,0001,5004. The correct amount that should be reported as cash is:

Cash or cash equivalents is the balance of cash, bank, petty cash and marketable securities . All…

5,335 ng account at BPI ng account at City Trust used for payment ularies e stamps yee's postdated check om an employee k marked DAIF money order ash fund (P324 in expense receipts) ate of time deposit with BPI ring surrendered as security by a customer lost his wallet (at market value) 5,500 - 107 2,300 200 1,250 500 500 5,000 1,500 amount that should be reported as cash is:

5,335 ng account at BPI ng account at City Trust used for payment ularies e stamps yee's postdated check om an employee k marked DAIF money order ash fund (P324 in expense receipts) ate of time deposit with BPI ring surrendered as security by a customer lost his wallet (at market value) 5,500 - 107 2,300 200 1,250 500 500 5,000 1,500 amount that should be reported as cash is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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nta 22 Coronado has the following assets at December 31, 2019. Cash in bank-savings account 134,000 Certificates of deposit (270-day) 226,000 sponder a como Cash on hand 1,600 Postdated checks 6,000 Cash refund due from State Taxing Authority 32,100 Checking account balance 12,000 What amount should be reported as cash? arcar nta O a. 135,600 O b. 134,000 O c. 179,700 O d. 147,600 pe here to search
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