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?
College Accounting (Book Only): A Career Approach
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ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
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How much is the bqlance of petty cash fund reported in its December 31,2022 statement of financial position ?
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