cash and cash equivalents topic

get op EXERCISE 2-3 Striker Company has the following balances at fiscal year ended September 30, 2020: Cash in checking account per bank statement (P26,000 check is still not presented to the bank by the payee) Cash in money market account - 120 days Treasury bill, purchased August 1, 2020 maturing October 30, 2020 Treasury note, purchased September 1, 2020 maturing December 15, 2020 800,000 P100,000 200,000 600,000 What amount should Striker Company report as cash and cash equivalents in its September 30, 2020 statement of financial position? EXERCISE 2-4 DO Aguas Company reported total cash and cash equivalents of P5,465,000 on December 31, 2020, which includes the following: P650,000 Two 180-day certificates of deposit, totaling Check dated January 6, 2021 amounting to 225,000 Cash accumulated in special fund that will be used for plant 1,200,000 expansion Commercial paper due in 100 days 1,000,000 Currency and coins in petty cash fund (including unreplenished vouchers of P2,500) 16,000 OS Aguas Company has agreed to maintain a cash balance of P450,000 which will not be available for withdrawal to ensure future credit availability. The said amount was included in the balance above. What is the total amount that Aguas Company should report as "cash and cash equivalents in the current assets section of the statement of financial position on December 31, 2020? ow