1.Tranvia Company revealed the following information on December 31, 2020:

Cash in checking account350,000

Cash in money market account750,000

Treasury bill, purchased November 1, 2020

maturing January 31, 20213,500,000

Time deposit purchased December 1, 2020

maturing March 31, 20214,000,000

What amount should be reported as cash and cash equivalents on December 31, 2020?

2.Affable Company provided the following information at year-end comprising the cashaccount:

Cash in bank - demand deposit5,000,000

Cash on hand400,000

Postage stamps unused5,000

Certificate of time deposit1,500,000

Money order50,000

Manager check100,000

Traveler check1,000,000

Postdated customer check500,000

What total amount should be reported as cash at year end?

3.Thor Company provided the following data on December 31, 2020:

Checkbook balance4,000,000

Bank statement balance5,000,000

Check drawn on Thor's account, payable to supplier,

dated and recorded on December 31, 2020 but not

mailed until January 31, 2021500,000

Cash in sinking fund2,000,000

On December 31, 2020, what amount should be reported as cash under current assets?

4.On December 31,2020 Lamentable Company had the following cash balances:

Cash in bank - current account6,000,000

Petty cash fund - all funds were reimbursed at year end50,000

Time deposit - three months, due January 15, 20212,500,000

Saving deposit1,000,000

Cash in bank included P400,000 of compensating balance against short term borrowing arrangement.

The compensating balance is legally restricted as to withdrawal

What total amount should be reported as cash and cash equivalents?

5.Baloney Company had the following account balances on December 31, 2020:

Cash in bank2,250,000

Cash on hand125,000

Cash restricted for addition to plant in 20211,600,000

Cash in bank included P600,000 of compensating balance against short-term borrowing arrangement.

The compensating balance is not legally restricted as to withdrawal.

What total amount should be reported as cash on December 31, 2020?

6.In preparing the bank reconciliation for the month of August, Apex Companyprovided the following information:

Balance per bank statement1,805,000

Deposit in transit325,000

Return of customer check for insufficient fund60,000

Outstanding checks275,000

Bank service charge for August10,000

What is the adjusted cash in bank?

7.In preparing the bank reconciliation for the month of December, Case Company provided the following data:

Balance per bank statement3,800,000

Deposit in transit520,000

Amount erroneously credited by bank to Case's account40,000

Bank service charge for December5,000

NSF check50,000

Outstanding checks675,000

What is the unadjusted cash in bank balance per book?

8.Sapphire Company provided the following information for the month of December:

Balance per bank statement December 312,800,000

Bank service charge for December12,000

Interest paid by bank to Sapphire Company for December10,000

Deposits made but not yet recorded by the bank350,000

Checks written but not yet recorded by the bank650,000

The entity discovered that it had drawn and erroneously recorded a check for

P46,000 that should have been recorded for P64,000

What is the cash balance per ledger on December 31?

9.Core Company provided the following data for the purpose of reconciling the cash

balance per book with the cash balance per bank statement on December 31:

Balance per book850,000

Balance per bank statement2,000,000

Outstanding checks, including certified check of P100,000500,000

Deposit in transit200,000

December NSF checks, of which P50,000 had

been redeposited and cleared on December 27150,000

proceeds of loan granted to another company300,000

net of service charge of P20,000750,000

Erroneous credit to Core's account, representing

Proceeds of note collected by bank for Core,

What amount should be reported as cash in bank at year-end?

10. Laconic Company received the bank statement for the month of April which

included the following information:

Bank service charge for April 15,000

Check deposited by Laconic during April was not collectible and

has been marked "NSF" by the bank and returned 40,000

Deposits made but not yet recorded by bank 130,000

Checks written and mailed but not yet recorded by bank100,000

The entity found a customer check for P35,000 payable to the entity that had not yet been deposited and had not been recorded.

The general ledger showed a bank account balance of P920,000

What amount should be reported as adjusted cash in bank on April 30?