How to solve it?..........

Cash 1. The records of SML Co. on Dec. 31, 20x1 show the following: Checks drawn but not yet issued to payees Customers' checks dated January 15, 20x2 P120,000 35,000 Customers' checks dated Dec. 31, 20x1 40,000 SML's check dated Jan. 15, 20x2 already mailed to payee 16,000 Cash on hand 130,000 Employees' checks representing unclaimed salaries, held by the treasurer 14,000 Petty cash fund (fully replenished) 20,000 Requirement: How much is included as cash on Dec. 31, 20x1? Cash Equivalents 2. Behringer Co. holds the following securities on Dec. 31, 20x1: . Treasury bill acquired on Nov. 1, 20x1, maturing on P300,000 Jan. 31, 20x2 . Money market placements to RCBC trust, made on 800,000 Dec. 15, 20x1, maturing on Aug. 31, 20x2 Redeemable preference shares acquired on Dec. 31, 1,600,000 20x1 and redeemable on Mar. 31, 20x2 Three-month time deposit with UCPB 950,000 Investment in shares of stocks acquired on Dec. 31, 450,000 20x1 to be sold in Jan. 20x2 Requirement: How much is presented as cash equivalents