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1. On December 31, 2019, Cherry Company had the following cash balances: Cash in Bank - 3,000,000 Petty cash fund (unreplenished expenses, P5,000 on 12/31/19)

1. On December 31, 2019, Cherry Company had the following cash balances: Cash in Bank - 3,000,000 Petty cash fund (unreplenished expenses, P5,000 on 12/31/19) - 20,000 Time deposit, due March...

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