ull Lycamobile16:502. What amount would be reported as unrestrictedcash on the balance sheet?viousNe LycamobileIndicate how each of the items below should bereported using the following classifications:(a) cash,(b)restricted cash,(c)temporary investment,(d) receivable,(e) liability, or(f) office supplies.(1) Checking account at First Security$ (20)(2) Checking account at Second Security.350(3) U.S. t-bills....650(4) Payroll bank account100(5) Sales tax bank account150(6) Foreign bank account-restricted (in equivalent U.S. dollars)750(7) Postage stamps...(8) Employee's postdated check2230(9) IOU from president's brother75(10) Credit memo from a vendor for a purchase return87(11) Traveler's check.50(12) NSF check.18(13) Petty cash fund ($16 in currency and expense receipts for $84)100(14) Money order.36

Cash and Cash equivalent In the classified balance sheet the account details of cash and cash…

Answered: Indicate how each of the items below…

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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The statements of financial position for W Limited are as follows: 31 December Non-current assets Land and buildings Cost/valuation Accumulated depreciation Plant and equipment Cost Accumulated depreciation Current assets Inventory Trade receivables Cash and cash equivalents Total Assets Equity and Liabilities Ordinary share capital ($1 shares) Share premium Revaluation reserve Retained earnings Non-current liabilities 12% debenture (2030) Current liabilities Trade payables Bank overdraft 2021 $000 4 1150 201 949 539 326 213 1162 117 135 252 1414 600 120 80 136 936 150 86 242 328 478 1414 2020 $000 650 160 490 454 274 180 670 89 103 37 229 899 400 70 109 579 200 120 120 320 899 Total liabilities Total equity and liabilities The following information is also available. 1 The cost of land and buildings at 31 December 2020 comprised of land $250000 and buildings $400 000. The land, which is not depreciated, had been revalued to $330 000 on 1 July 2021. 2 On 1 March 2021, a final dividend…
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Indicate how each of the items below should be reported using the following classifications: (a) cash, (b) restricted cash, (c) (C) temporary investment, (d) receivable, (e)