AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: 12/21/2022 Coffee Bean 12/26/2022 Anytime Pitnes Date 12/28/2022 Frap, Employee 12/30/2022 Honest Bee 01/02/2023 Bonds and Papers 01/03/2023 Mr. Taxi U Bilis P100 Payee 50 20 Counted 2 pieces 3 pieces The count of remaining bills and coins in the petty cash box were as follows: 4 pieces Coffee and pastries Zumba for employees Advances for business trip Meals Description Office Supplies Transportation Coins P1.00 0.50 0.25 Counted 20 pieces 500 pieces 200 pieces Amount P1,400 1,200 1,500 1,300 2,800 1,550 A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?
AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: 12/21/2022 Coffee Bean 12/26/2022 Anytime Pitnes Date 12/28/2022 Frap, Employee 12/30/2022 Honest Bee 01/02/2023 Bonds and Papers 01/03/2023 Mr. Taxi U Bilis P100 Payee 50 20 Counted 2 pieces 3 pieces The count of remaining bills and coins in the petty cash box were as follows: 4 pieces Coffee and pastries Zumba for employees Advances for business trip Meals Description Office Supplies Transportation Coins P1.00 0.50 0.25 Counted 20 pieces 500 pieces 200 pieces Amount P1,400 1,200 1,500 1,300 2,800 1,550 A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please see attached.
How much is the bqlance of petty cash fund reported in its December 31,2022 statement of financial position ?
![A Company established as petty cash fund of P15,000. Details of the PCF are as
ollows:
Inreplenished expense vouchers:
Date
Payee
Description
Amount
12/21/2022 Coffee Bean
Coffee and pastries
P1,400
12/26/2022 Anytime Pitnes
Zumba for employees
1,200
12/28/2022 Frap, Employee
Advances for business trip
1,500
12/30/2022 Honest Bee
Meals
1,300
01/02/2023 Bonds and Papers
Office Supplies
2,800
01/03/2023 Mr. Taxi U
Transportation
1,550
he count of remaining bills and coins in the petty cash box were as follows:
Bills
Counted
Coins
Counted
100
2 pieces
P1.00
20 pieces
50
3 pieces
0.50
500 pieces
0.25
200 pieces
20
4 pieces
.replenishment check amounting to P1,650 was also found inside the petty cash box.
low much is the balance of petty cash fund reported in its December 31, 2022 statement
f financial position?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F118d665f-25cf-403f-b172-b4eba61eec38%2F844338a9-9338-43bc-9264-17d3b8540f00%2F7q7lxvk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A Company established as petty cash fund of P15,000. Details of the PCF are as
ollows:
Inreplenished expense vouchers:
Date
Payee
Description
Amount
12/21/2022 Coffee Bean
Coffee and pastries
P1,400
12/26/2022 Anytime Pitnes
Zumba for employees
1,200
12/28/2022 Frap, Employee
Advances for business trip
1,500
12/30/2022 Honest Bee
Meals
1,300
01/02/2023 Bonds and Papers
Office Supplies
2,800
01/03/2023 Mr. Taxi U
Transportation
1,550
he count of remaining bills and coins in the petty cash box were as follows:
Bills
Counted
Coins
Counted
100
2 pieces
P1.00
20 pieces
50
3 pieces
0.50
500 pieces
0.25
200 pieces
20
4 pieces
.replenishment check amounting to P1,650 was also found inside the petty cash box.
low much is the balance of petty cash fund reported in its December 31, 2022 statement
f financial position?
![AA Company established as petty cash fund of P15,000. Details of the PCF are as
follows:
Unreplenished expense vouchers:
Date
Payee
Description
Amount
12/21/2022 Coffee Bean
Coffee and pastries
P1,400
12/26/2022 Anytime Pitnes
Zumba for employees
1,200
12/28/2022 Frap, Employee
Advances for business trip
1,500
12/30/2022 Honest Bee
Meals
1,30(
01/02/2023 Bonds and Papers
Office Supplies
2,80(
01/03/2023 Mr. Taxi U
Transportation
1,550
The count of remaining bills and coins in the petty cash box were as follows:
Bills
Counted
Coins
Counted
P100
2 pieces
P1.00
20 pieces
50
3 pieces
0.50
500 pieces
20
4 pieces
0.25
200 pieces
A replenishment check amounting to P1,650 was also found inside the petty cash box.
How much is the balance of petty cash fund reported in its December 31, 2022 statement
of financial position?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F118d665f-25cf-403f-b172-b4eba61eec38%2F844338a9-9338-43bc-9264-17d3b8540f00%2Fqznhpx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:AA Company established as petty cash fund of P15,000. Details of the PCF are as
follows:
Unreplenished expense vouchers:
Date
Payee
Description
Amount
12/21/2022 Coffee Bean
Coffee and pastries
P1,400
12/26/2022 Anytime Pitnes
Zumba for employees
1,200
12/28/2022 Frap, Employee
Advances for business trip
1,500
12/30/2022 Honest Bee
Meals
1,30(
01/02/2023 Bonds and Papers
Office Supplies
2,80(
01/03/2023 Mr. Taxi U
Transportation
1,550
The count of remaining bills and coins in the petty cash box were as follows:
Bills
Counted
Coins
Counted
P100
2 pieces
P1.00
20 pieces
50
3 pieces
0.50
500 pieces
20
4 pieces
0.25
200 pieces
A replenishment check amounting to P1,650 was also found inside the petty cash box.
How much is the balance of petty cash fund reported in its December 31, 2022 statement
of financial position?
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