B. The cash accounts of Ria on December 31,2021 has balance of P151,000 and it consist of the following: Bills and coins on hand P52,780 22,400 6,500 120 Traveler's check Credit memo from supplier's for purchase returns Postage stamp Petty cash including paid cash vouchers of P1,650 Balance in Savings Account wit a bank closed by BSP Customer's check dated January 15,2022 Money order IOU of an employee Checking Account Balance in Bank of Philippines Island Total 2000 36,000 8,000 800 400 22,000 P151,000 The correct cash and cash equivalents balance on December 31,2021 is a. P98,900 b. P98,730 c. P97,530 d. P98,330
B. The cash accounts of Ria on December 31,2021 has balance of P151,000 and it consist of the following: Bills and coins on hand P52,780 22,400 6,500 120 Traveler's check Credit memo from supplier's for purchase returns Postage stamp Petty cash including paid cash vouchers of P1,650 Balance in Savings Account wit a bank closed by BSP Customer's check dated January 15,2022 Money order IOU of an employee Checking Account Balance in Bank of Philippines Island Total 2000 36,000 8,000 800 400 22,000 P151,000 The correct cash and cash equivalents balance on December 31,2021 is a. P98,900 b. P98,730 c. P97,530 d. P98,330
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![B. The cash accounts of Ria on December 31,2021 has balance of P151,000 and it consist
of the following:
Bills and coins on hand
P52,780
22,400
6,500
Traveler's check
Credit memo from supplier's for purchase returns
Postage stamp
Petty cash including paid cash vouchers of P1,650
Balance in Savings Account wit a bank closed by BSP
Customer's check dated January 15,2022
Money order
IOU of an employee
Checking Account Balance in Bank of Philippines Island
Total
120
2000
36,000
8,000
800
400
22,000
P151,000
The correct cash and cash equivalents balance on December 31,2021 is
a. P98,900
b. P98,730
c. P97,530
d. P98,330](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdaebfe23-7ba9-4ed1-b5b0-93e6c1183ea2%2F45295e81-bb3e-466b-a64a-cba39963c9e0%2Fpqwlgld_processed.jpeg&w=3840&q=75)
Transcribed Image Text:B. The cash accounts of Ria on December 31,2021 has balance of P151,000 and it consist
of the following:
Bills and coins on hand
P52,780
22,400
6,500
Traveler's check
Credit memo from supplier's for purchase returns
Postage stamp
Petty cash including paid cash vouchers of P1,650
Balance in Savings Account wit a bank closed by BSP
Customer's check dated January 15,2022
Money order
IOU of an employee
Checking Account Balance in Bank of Philippines Island
Total
120
2000
36,000
8,000
800
400
22,000
P151,000
The correct cash and cash equivalents balance on December 31,2021 is
a. P98,900
b. P98,730
c. P97,530
d. P98,330
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