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Cash on hand included the following: - Due to insufficient funds, the bank returned a customer check of P100,000 last December 26, 20X1. The bank
Cash on hand included the following: - Due to insufficient funds, the bank returned a customer check of P100,000 last December 26, 20X1. The bank subsequently redeposited and cleared the check on January 5, 202. - The customer check for P150,000 dated January 15, 20X2 was received last December 22, 20X1. - Postal money orders received from customers, P200,000. A check was written last December 22, 20X1, and delivered to the payee on January 5, 20X2, P200,000. A check was written last December 25, 20X1 and dated January 31, 20X2, delivered to the payee on December 26, 20X1, P300,000. Compute the total cash. Tranvia Company revealed the following information on December 31,201 : What amount should be reported as cash and cash equivalents on December 31,201 ? Choices: .1,100,0003,850,0004,600,0008,600,000
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