EXERCISES Exercise 1 (4 marks) At December 31, 2017, Burkina Ltd.'s general ledger Cash balance was $34,600. In addition, Burkina held the following items in its safe on December 31: A cheque for $820 from Zambia Ltd. received December 30, 2017, which was not deposited until January 2, 2018. A cheque from Zanzibar Inc for $1,400 that had been deposited on December 20, but was returned NSF on December 29. The cheque was to be re-deposited on January 3, 2018. The original deposit has been included in the December 31 chequebook balance. 1. 2. 3. Coin and currency on hand: $2,630. Required: at December 31, 2017 Caculate the proper amount to be reported as cash on Burkina's statement of financial position