The petty cash fund of Bianca Company on December 31, 2019 is composed of the following: Coins and currencies 17,000 Petty cash vouchers - Gasoline 1,000 - Supplies 2,000 - Cash advances to employees 3,000 Employee’s check returned by bank marked NSF 4,000 Check drawn by the company payable to the order of the petty cash custodian, representing salary for the month 18,000 A sheet of paper with names of employees together with contribution for a birthday gift of a co-employee in the amount of 5,000 Total 50,000 The petty cash ledger account has an imprest balance of P50,000. The correct amount of petty cash to be shown in the statement of financial position on December 31, 2019 is _________. The amount of cash short of over debited is _________. The amount of replenishment check is _________.

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Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.