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2. Fashion las agmed to mare held at the Royal Scotia Bank. 4. There are travel advances of $18.000 for eommercinl Bank of Montreal money-market

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2. Fashion las agmed to mare held at the Royal Scotia Bank. 4. There are travel advances of $18.000 for eommercinl Bank of Montreal money-market matual fund. This fund has chequing accoant pri 5. A noparate cash fund in the amount of $1. 6. There is a petty cash fund of $3,000. 7.A $1.900 IOU from Mariane Koch, a company officer, will be withbeld from her salary in Jantary 2024. 8. There are 20 cash floats for retall operation canh registers: 8 at $475 and 12 at 8600 . 9. The company has two certificates of deposit, cach for $500,000. Thesecertificates of deposit each had a maturity of ua dins whra they w 10. Fashion has recelved a cheque dated Jantary 19,2024 , in the amount of $35,000 from a customer owing fundk at December 31 . It has alo 11. Fashion holds $2.1 million of commercial paper of Roceo Leone Co, which is due in 60 days. 12. Currency and coin on hand amoutited to $77,0%. Instructions a. Calculate the amatint of cah to be reported on Fashion \$s SFP at December 31,2023 - b. Show the proper way to report items that are not reported as cash on the December 31,2023 SFP. d. Digeing Desper From the peryective of a potential lender to Fashion, discuss the importance of proper reporting of item 5 . 2. Fashion las agmed to mare held at the Royal Scotia Bank. 4. There are travel advances of $18.000 for eommercinl Bank of Montreal money-market matual fund. This fund has chequing accoant pri 5. A noparate cash fund in the amount of $1. 6. There is a petty cash fund of $3,000. 7.A $1.900 IOU from Mariane Koch, a company officer, will be withbeld from her salary in Jantary 2024. 8. There are 20 cash floats for retall operation canh registers: 8 at $475 and 12 at 8600 . 9. The company has two certificates of deposit, cach for $500,000. Thesecertificates of deposit each had a maturity of ua dins whra they w 10. Fashion has recelved a cheque dated Jantary 19,2024 , in the amount of $35,000 from a customer owing fundk at December 31 . It has alo 11. Fashion holds $2.1 million of commercial paper of Roceo Leone Co, which is due in 60 days. 12. Currency and coin on hand amoutited to $77,0%. Instructions a. Calculate the amatint of cah to be reported on Fashion \$s SFP at December 31,2023 - b. Show the proper way to report items that are not reported as cash on the December 31,2023 SFP. d. Digeing Desper From the peryective of a potential lender to Fashion, discuss the importance of proper reporting of item 5

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