Hi! Can somebody help me solve these problems? Its about Cash & Cash Equivalents, Bank reconciliation, and Petty cash Fund.

EXERCISES ON CASH Problem 1 LockUp Corporation has the following items in the Petty Cash and Cash Collections combined as of as of January 5, 2020 during the checking of Cash for December 31, 2019 balance sheet. a. Bills and Coins Denomination Bundle of 100 pcs Rolls of 50 coins Loose P 500 9 100 N 27 50 w 5 20 5 4 10 10 5 6 4 1 10 20 .25 40 16 b. Checks Maker Payee Date Amount Baran - Customer LockUp 12/30/2019 P 11,920 Catapang-Customer LockUp 12/26/2019 12,505 Torres- Customer LockUp 01/02/2020 5,707 Sherwin-Customer LockUp 21/2019 13,350 Alusen-Officer cash 01/15/2020 310 LockUp Corp. LoveIT Corp. 12/27/2019 14,500 Laurel- Return of Advances Cash 12/29/2019 260c. Vouchers and IOUs ransportation Expenses 01/02/2020 'ostage Stamps 12/20/2019 hristmas Party Expenses 12/23/2019 0U -Vi||ega5 12/27/2019 d. Cash Sales Invoices (all currencies No. 15903 to 16112}, P 100,500. e. Official Receipts (Representing Collections} Official Receipts Form of Collection 31250 Cash 31251 Check 31252 Cash 31253 Check 31254 Check f. Stamps of Various Denominations amounted to P 80. g. A notation on a sheet of paper as follows: Proceeds from employee contribution for Christmas Party, P 9,500. h. Petty Cash Per Ledger, P 15,000. REQUIRED: 1. Compute the Petty Cash Shortage as of January 1, 2020. 2. Compute the correct amount of Petty Cash Fund to be reflected in the December 31, 2019 balance sheet 3. Compute the total Cash that does not belong to Petty Cash Fund Problem 2 The Cash account of The New Normal Corporation for the fiscal year ending July 31, 2019 has the following information. Note Paid by the Bank (183,000) Ending Balance P 249,680 P 20,880 a. Bank Reconciliation in June included the following Information: Bank Statement Balance, P 172,590; Deposit in Transit, P 18,000; Outstanding Checks, P 52,260,- and balance per general ledger, P 140,330. Checks Clearing In the bank In July included the following: Checks Outstanding by the end of June P 50 760 Checks recorded In July Cash Disbursements book Check unrecorded and drawn by the company as payment of liability A check drawn by New Rural Corporation 5. Deposits included P 18,000 from June and P 733,580 from July. d. The bank charged New Normal Corp.'s account for NSF totaling P 9,330. The check was turned over to a collecting agency. e. A note of P 174,000, plus interest, was paid directly by bank under an agreement signed four months ago. The note was recorded in the books of New Normal at P 174,000. REQUIRED: 4. Compute the total Outstanding Checks as of July 31.. 5. Compute the total Deposit in transit as of July 31. 6. Compute the correct Cash in Bank balance as of July 31. 7. Compute the Cash in Bank Shortage, if any, as of June 30. Problem 3 Cash balance The books of Caring Co. show the following balances at December 31, 2019: Cash on hand 9 400,000 Cash in Bank current account 1,200,000 Cash in Bank peso savings deposit 5,000,000 Cash in Bank dollar deposit (unrestricted) S 100,000 Cash in Bank dollar deposit (restricted) 250,000 Cash in 3-month money-market account 9 500,000 3-month unrestricted time deposit $ 20,000 Treasury bill, purchased 11/1/2019, maturing 2/14/2020 91,600,000 Treasury bond, purchased 3/1/2019, maturing 2/28/2020 1,000,000 Treasury note, purchased 12/1/2019, maturing 2/28/2020 400,000 Unused Credit Line 4,000,000 Redeemable preference shares, purchased 12/1/2019, 740,000 due on 3/1/2020 Treasury shares, purchased 12/1/2019, to be reissued on 200,000 1/5/2020 Sinking fund 400,000 Additional information: 0 Cash on hand includes a 940,000 check payable to Caring Co. dated December 29, 2019. 0 During December 2018, check amounting to #30000 was drawn against the Cash in bank - current account in payment of accounts payable. The check remains outstanding as of December 31, 2019. o The Cash in Bonkpeso savings deposit includes $800,000 security bond on a pending labor litigation, in favor of a previous employee. The establishment of the bond is mandated by a court of law. 0 The Cash in Bonkpeso savings deposit also includes a compensating balance amounting to $500,000 which is not legally restricted. o The Cash in Bonk doiiar deposit {unrestricted} account includes interest of $4,000, net of tax, directly credited to Caring Co.'s account. The exchange rate at year-end is $1 is to 945. REQUIRED: B. The total amount of Cash to be reported in the 2019 financial statements? 9. The total amount of Cash Equivalent to be reported in the 2019 financial statements? 10. The total amount of Current Assets aside from Cash and Cash Equivalent to be reported in the 2019 financial statements? NOTHING FOLLOWS ANSWER SHEET NAME: 1