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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 6,500 120 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

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 4QY: What is the journal entry to record an NSF check, from J. Smith for 250, that is returned with the...
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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
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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